Friday 26 Apr 2024
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KUALA LUMPUR (June 11): Household leverage to continue moderating, which should support the banking system’s asset quality, Fitch Ratings says in statement.

* “Pockets of vulnerability remain in banks’ exposure to lower-income households and personal loans”

* Household sector accounts for 58% of bank gross loans

** 37% of household loans are to lower-income borrowers

* Fitch monitors any significant easing in lending standards that could cause risks to accelerate

** Standards for lending to households have been largely steady since tightening cycle in 2010-2013

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