Loan demand
robust in January
Loans to households expanded by RM6.4bil during the month, driven mainly by loans for the purchase of residential and non-residential property, securities and passenger cars.
In a monetary and financial developments note released yesterday, Bank Negara Malaysia said on a monthly basis, business loans recorded a moderation due to large repayments during the month, despite loan disbursement to businesses remaining strong. Retail deposit rates were also relatively stable during the period.
Source :The Star
Date : 1 March 2013
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