Retail deposits’ standout performer

Sarawak shares top spot with Penang as banking balances grow 4.9 per cent annuallyKUCHING: Sarawak recorded Malaysia’s joint-highest annual retail deposit growth of 4.9 per cent between 2015 and 2025, outperforming the national average of 3.7 per cent.Perbadanan Insurans Deposit Malaysia (PIDM) chief executive officer Afiza Abdullah said the state’s compound annual growth rate matched Penang’s, while Sabah recorded a lower rate of 3.2 per cent.