Bank Negara: Malaysian households facing heightened financial stress | Malay Mail
Wednesday, 14 Oct 2020 12:29 PM MYTKUALA LUMPUR, Oct 14 — Most households can withstand extreme equity market shock equivalent to that experienced during the Asian Financial Crisis as investments were funded by excess cash reserves and not borrowings, according to Bank Negara Malaysia .
“Our surveillance indicates that the surge in retail participation has not been funded by borrowings. It said such loans continued to account for a small share of overall household debt and bank lending to households . BNM said anecdotal insights suggested that some households were using excess cash reserves from relief measures and savings to invest in equities.
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