BNM reports private sector credit growth accelerates to 6.4pc, SME financing hits RM444b
KUALA LUMPUR, Aug 14 — Credit to Malaysia’s private non financial sector grew 6.4 per cent in the second qua...
KUALA LUMPUR, Aug 14 — Bank Negara Malaysia reported that credit to the private non-financial sector expanded by 6.4 percent in the second quarter of 2026, compared to 5.6 percent in the preceding quarter, as per a press conference. The growth was attributed to increased business financing, indicating that the banking system is well-prepared to support economic activity, according to Governor Datuk Seri Abdul Rasheed Ghaffour.
During the quarter, business loans increased by 7.2 percent, and outstanding corporate bonds expanded by 8.1 percent. Abdul Rasheed further explained that outstanding SME financing reached RM444 billion in Q2, representing a year-over-year growth of 4.2 percent.
Written by urgent.news from Malay Mail's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
