Bank Negara: Low savings make some borrowers increasingly vulnerable

While the household debt to gross domestic product (GDP) ratio has fallen to 81.2 percent (84.5 percent in June 2022) due to nominal GDP growth, the low savings of some borrowers put them at risk, according to Bank Negara.

In its Financial Stability Review for 2H 2022, Bank Negara cautioned that increasing vulnerabilities are emerging among household borrowers that are...