, Malaysia

Chart of the Week: Check out how Malaysian banks' outstanding loans ballooned over time

System loans, on the other hand, inched up 4.1% in 2017.

Malaysian banks’ outstanding loans increased in 2017, with system loans growing 4.1%, UOB kay Hian reports.

Here's more from UOB Kay Hian:

We note the m-o-m surge in working capital loan growth in Dec 17 (+1.1% m-o-m) that helped to close the gap between the lag in 11M17 loans growth and our full-year 2017 forecast.

Weaker business loan growth of 2.8% in 2017 vs 2016’s +5.3% was the key drag to overall loan growth as consumer loan growth was relatively stable at 5.1% (2016: 5.2%).