Malaysia’s household debt manageable at 84.3% of GDP, says BNM
Malaysia’s household debt stands at about 84.3% of GDP, a manageable figure appropriate with the country’s economic conditions, says Bank Negara Malaysia governor Abdul Rasheed Ghaffour.
Rasheed said the central bank is monitoring the elevated household debt level, even as loans are being extended prudently and repaid on time.
“From a stability perspective, these are good quality loans, and the total shareholder return has also improved,” Bernama reported him as saying after announcing Malaysia’s performance in the second quarter of 2025 today.
He said banks have been prudent in their loan approvals and have supported households through sound financing practices.
“The latest household impairment ratio stands at a healthy 1.1%, which reflects the resilience of household…
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