Malaysia Banking System: Loan Applied by Purpose
The statistics show the historical loan applied by purpose in Malaysia's banking system. Loans applied for the following purposes: Purchase of Securities, Purchase of Transport Vehicles, Purchase of Landed Property, Purchase of Fixed Assets Other Than Land and Building, Personal Use, Credit Card, Purchase of Consumer Durables, Construction, Mergers and Acquisition, Working Capital, Other Purpose. The data is extracted from Bank Negara Malaysia (BNM) and is updated monthly.
The statistics show the historical loan applied by purpose in Malaysia's banking system. Loan applied by purpose is an indicator of public sentiment. It can be used as a prediction of whether the industry is heating up or cooling down. For example, when the figure for "Total loan applied for the purchase of property" ticks up, it's an indicator that the interest in the property market is increasing, vice versa.