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Automatic Moratorium
Hann’s Thoughts: What’s Next For Malaysia’s Loan Moratorium?
For the past 3 months, most people in Malaysia (and Malaysian SMEs) who have existing bank loans have […]
Automatic Moratorium
Finance Minister: No Final Decision On Extension Of Loan Moratorium Yet
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said that the government has yet to decide on whether […]
Automatic Moratorium
FOMCA: Borrowers Should Reach Out To Banks Quickly About Loan Repayment Difficulties
The Federation of Malaysian Consumers Associations (FOMCA) has advised borrowers to liaise with their respective banks for negotiations […]
Automatic Moratorium
Finance Minister: Moratorium Estimated At RM51.4 Billion As Of 6 July
The ongoing six-month automatic moratorium announced by Bank Negara Malaysia (BNM) in March is estimated to stand at […]
Automatic Moratorium
Finance Minister: Banks To Decide On Targeted Moratorium Extension
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has commented that banks will have the final say in […]
Automatic Moratorium
AKPK Ready To Provide Financial Counselling And Rescheduling Services Post-Moratorium
The Credit Counselling and Debt Management Agency (AKPK) has stated that it is ready to provide financial counselling […]
Automatic Moratorium
FOMCA Urges Banks To Extend Moratorium Until December 2020
The government should consider extending the six-month moratorium offered for bank loan repayments until December 2020, said the […]
Automatic Moratorium
Citi Malaysia Offers Automatic Moratorium With No Compounded Interest
Citi Malaysia has announced that it will be waiving the compounded interest for conventional loans during the upcoming […]
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Loan Repayment Assistance Under PEMERKASA+ Is Available For Everyone
The latest spike in Covid-19 cases has led to the declaration of a third movement control order and […]
Malaysian Banks Hold Open Days, Operate On Weekends For Post-Moratorium Matters
(Updated on 22 September 2020.) With the end of the ongoing automatic moratorium drawing near – that’s 30 […]
Six-Month Loan Moratorium Returns, Automatic Approvals For Individual Borrowers
Prime Minister Tan Sri Muhyiddin Yassin has announced that a six-month loan moratorium will be made available to […]
Finance Minister: Banks To Waive Compounded Interest, Penalty Charges For PEMULIH Moratorium
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has clarified that banks will waive both the compounded interest […]
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