KUALA LUMPUR (Dec 6): Banks remain willing to lend to bankable households and businesses, and has approved roughly three out of four housing loan applications they received.

In a box article titled “Banking on Banks: Are They Lending Enough?”, Bank Negara Malaysia (BNM) said in Jan-Sept 2019 (9M 2019) alone, banks approved housing loans worth RM119 billion for about 273,000 borrowers of which 42% were first time homeowners.