More than a third of total deposits are business deposits.
Malaysian banks' total system deposits growth was a marginally slower 4.3% YoY in Oct 2017 versus 4.5% YoY in Sep 2017, generally keeping pace with loan growth of 4.6% YoY. CASA nevertheless continued to expand at a faster pace of 9.5% (+8.8% YoY in September).
Here's more from Maybank Kim Eng:
By deposit holder, business deposits expanded 11.2% YoY in Oct 2017, this being the second time YoY growth has hit a double-digit pace since Oct 2012.
Government deposits rose 5.6% YoY in October versus 11.2% YoY in September.
Consumer deposits, expanded 3.8% YoY, about similar in pace to the 3.7% YoY growth in September, while financial institution (FI) deposits contracted at a slower pace of 1.4% versus a contraction of 3.3% in September.
Business deposits make up 34% of total deposits, while individual and FI deposits constitute 38% and 16% respectively.
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