Credit growth to private non-financial sector remains at 5.4% in May

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KUALA LUMPUR: Growth in credit to the private non-financial sector was sustained at 5.4 per cent in May 2024 on the back of a rise in corporate bonds and moderating loan growth, said Bank Negara Malaysia (BNM).

Credit growth to private non-financial sector remains at 5.

Outstanding corporate bonds grew by 4.0 per cent in May versus April’s 3.4 per cent.

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Category: EconomyBusiness

Markets: MalaysiaSwedenSwitzerland

Topics: Bond BNM Loan growth Monthly highlights Banking Banking system Bank Negara /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-28 @ 16:15:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 394 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21408358

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 1 days ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

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Publisher ID: #22

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