BNM issues policy document on Credit Risk

23 January 2025

On 5 December 2024, Bank Negara Malaysia issued a policy document on Credit Risk, which came into effect immediately. This policy document seeks to ensure that credit risk management practices of financial institutions remain effective amid the increased size and diversity of product offerings by financial institutions, greater internalisation of the financial system, as well as the growing role of domestic capital markets. This policy document supersedes the earlier version issued in July 2023.