Malaysia’s outstanding loans up 6% in June

Business loans lifted overall growth, whilst household growth was slower.

Malaysia’s outstanding loans grew 6% in June, ramping up from the 5.7% loan growth in May, according to official data from the Bank Negara Malaysia (BNM).

Growth in credit to the private non-financial sector– comprising household and corporate loans– remained steady with a 5.4% growth in June, same as in…