Industry loan growth stands at 2.8% on an annualised basis.
Maybank Kim Eng said Malaysian banks' industry loan growth moderated to 5.5% in May 2017 from 6.1% YoY in Apr 2017.
Household (HH) loan growth was stable at 5.1% YoY but non-HH loans growth slowed to 6.1% YoY from 7.5% YoY in Apr 2017.
"On an annualised basis, industry loan growth was just 2.8% (+2.9% in Apr 2017). Positively, annualized HH loans expanded at a faster pace of 3.7% (+3.3% in Apr
2017) but non-HH loans growth slowed to 1.5% from 2.3%."
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