Malaysia Banking System: Loan Approval Rate by Purpose
2024-03-31
Category: Financial
Frequency: Monthly
The statistics show the historical loan approval rate by purpose in Malaysia's banking system. The statistic shows loans approval rate 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.
2006-2024 | Monthly | Bank Negara Malaysia
The statistics show the historical loan approval rate in Malaysia's banking system. A higher approval rate is an indicator of bank willingness to pump in liquidity into that industry. For example, when the figure for "Loan approval rate for the purchase of property" ticks up, it's an indicator that banks are starting to give out more loans for property buyers, which is a good sign for the property market.
