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FM: Our household debts are down… Start lending more please.

I personally think Bank Negara Malaysia (BNM)’s responsible lending guidelines is an appropriate pre-emptive measure against excessive (greed) or inappropriate lending (everyone gets approval). Remember that 2008 Sub-Prime mortgage crisis? Let’s not have that here in Malaysia yeah. Now, with regards to responsible lending however, it does not mean that banks should only approve the … Read moreFM: Our household debts are down… Start lending more please.

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