Central bank signals slower credit growth for retail borrowers

Households face tighter consumer lending as policymakers prioritise price stability over demand.

Farhana Kabir

25 July 20264 min read

City financial district skyline at dusk
City financial district skyline at dusk

Policymakers indicated that consumer lending growth will be held below last year's pace, prioritising price stability. Banks expect stricter debt-to-income screening on personal loans from the next quarter.

Analysts say the shift will most affect first-time borrowers and small traders who rely on short-term working capital.

  • #credit
  • #policy
  • #banking

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