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Financing for priority sectors still modest despite policy ambitions, says BNM Governor

KUALA LUMPUR: Financing for catalytic priority sectors has remained relatively modest despite strong policy ambitions in national master plans, with lending approvals continuing to be concentrated in services, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

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马来西亚国家银行行长表示,尽管政策雄心勃勃,但优先领域的融资仍然不足。

Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

KUALA LUMPUR: Financing for catalytic priority sectors has remained relatively modest despite strong policy ambitions in national master plans, with lending approvals continuing to be concentrated in services, said Bank Negara Malaysia (BNM) governor Datuk Seri Abdul Rasheed Ghaffour.

He said financing for manufacturing has improved over time but remained limited relative to the scale of investment required to build globally competitive industries.

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