Credit Growth Rises 5.5 Pct In 1Q 2025 Amid Higher Outstanding Corporate Bonds Growth
KUALA LUMPUR, May 16 (Bernama) -- Loans to the private non-financial sector grew by 5.5 per cent in the first quarter of 2025 (1Q 2025) versus 5.2 per cent in 4Q 2024, amid sustained growth in outstanding loans and higher growth in outstanding corporate bonds.
Announcing the first quarter 2025 GDP performance here today, Bank Negara Malaysia (BNM) Governor Datuk Seri Abdul Rasheed Ghaffour said that outstanding business loans expanded by 4.8 per cent (4Q 2024: 5.1 per cent), with higher growth in working capital loans.
Additionally, he said demand for financing remained forthcoming, especially among small and medium enterprises (SMEs), with sustained levels of applications across loan purposes.
“Household loans grew by 6.0 per cent (4Q 2024: 5.9 per cent) amid broadly steady loan growth across most loan purposes,” he said.
-- BERNAMA