Households’ credit jumps to K1 trillion—RBM
✨ AI Summary
Household debt in Malawi reached K1 trillion in 2025 as residents take out loans to manage rising living costs. The Reserve Bank of Malawi reports that consumers are now borrowing more than businesses.
Malawians are increasingly turning to bank loans to survive the rising living costs, with the Reserve Bank of Malawi (RBM) data showing that household borrowing surged to K1 trillion in 2025 as consumers are borrowing more than businesses. But analysts say the sharp rise in household credit is raising concerns that the growth in borrowing …
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