RHB | Malaysia | Broad Monetary Aggregate And Loan Growth Picked Up In September, 3 Nov 2014

Economic Research	3 November 2014
Malaysia
Economic Highlights
Broad Monetary Aggregate And Loan Growth Picked Up In September The broader money supply, M3, picked up to 5.2% y-o-y in September, from +4.8% in August and compared with +6.9% in the same period in 2013. Despite the pick-up, external operations dropped, while Government operations slowed in September. The demand for funds by the private sector, on the other hand, remained stable during the month. Loan growth also inched higher to 9.0% y-o-y in September, from +8.6% in August month and compared with +9.5% recorded in the same period in 2013. A stronger growth in corporate loans mitigated the weaker growth in household loans during the month. Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Shafizal Shafaai  | +603 9280 2179