FW: RHB | Malaysia | M3 Edges Higher, Loan Growth Eased in October

 

 

Economic Research			4 December 2017
Malaysia
Economic Update
M3 Edges Higher, Loan Growth Eased in October   The growth in broad money supply, or M3, inched higher to 5.1% YoY in October as demand for funds from government operations gained pace. We envisage M3 growth to pick up to 5% in 2018, from +4.8% estimated for 2017, in line with strong economic growth. Loans would likely register a healthy growth of 6% in 2018, from +5% in 2017 (2016: 5.3%) on higher business loans due to an uptick in economic activity.   Economist:  Vincent Loo Yeong Hong  | +603 9280 2172 Economist:  Aris Nazman Maslan  | +603 9280 2184
To access our recent reports please click on the links below:   24 Nov : Inflation Slows On Lower Fuel And Food Prices 20 Nov : Wider Current Account Surplus Expected In 2018 20 Nov : Economic Growth Strongest In Three Years 16 Nov : MYR Hits One-Year High Amid Hawkish BNM 13 Nov : Private Investment And a Potential US Corporate Tax Cut’s Impact On Future Growth
Economics Team
Peck Boon Soon	Chief ASEAN Economist	bspeck@rhbgroup.com		+603 9280 2163
Vincent Loo Yeong Hong	Malaysia, Vietnam,	vincent.loo@rhgroup.com		+603 9280 2172
Ng Kee Chou	Singapore, Thailand	ng.kee.chou@rhbgroup.com		+603 9280 2179
Rizki Fajar	Indonesia, Philippines	rizki.fajar@rhbgroup.com		+6221 2970 7065
Aris Nazman Maslan	Malaysia, Vietnam	mohd.aris.nazman@rhbgroup.com		+603 9280 2184

 

 

 

 

 

This message is intended only for the use of the person(s) to whom it is addressed and may contain information that is privileged or otherwise protected from disclosure. If you are not the intended recipient you are hereby notified that any use, review, disclosure or copying of this message and the information it contains is prohibited. If you receive the message in error, please notify the sender by reply e-mail and discard all its contents.   Thank You.