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BNM reports private sector credit growth accelerates to 6.4pc, SME financing hits RM444b
Credit to Malaysia’s private non financial sector grew 6.4 per cent in the second quarter of 2026, up from 5.6 per cent in the first quarter, driven by stronger business financing, Bank Negara Malaysia (BNM) said. — Picture by Firdaus Latif

KUALA LUMPUR, Aug 14 — Credit to Malaysia’s private non financial sector grew 6.4 per cent in the second quarter of 2026, up from 5.6 per cent in the first quarter, driven by stronger business financing, Bank Negara Malaysia (BNM) said.

Governor Datuk Seri Abdul Rasheed Ghaffour said the banking system remained well-positioned to support economic activity, with healthy capital and liquidity buffers.

“The banking system continues to support economic growth.

“Banks’ healthy capital and liquidity buffers ensure that they remain well-positioned to meet the financing needs of the economy,” Abdul Rasheed told a joint press conference here today.

Business loans grew 7.2 per cent, while outstanding corporate bonds expanded 8.1 per cent during the quarter, he said.

According to Abdul Rasheed, outstanding SME financing rose to RM444 billion in Q2, compared with RM440 billion in Q1 and RM427 billion a year earlier, reflecting 4.2 per cent annual growth.

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