The bankruptcy trend among individuals has been declining since 2016, including the period during which the Overnight Policy Rate (OPR) was raised in 2018, said Bank Negara Malaysia (BNM) governor Nor Shamsiah Mohd Yunus.

She said the declining trend was based on the latest trend and information provided by banks and selected non-bank institutions (hire purchase service providers).

“The number of youths (individuals aged below 35) who are bankrupt also showed...