Malaysia Bank Moratorium: Why You Should Opt For The 6-Month Deferment For ALL Loans
For many Malaysians, the announcement by Bank Negara Malaysia (BNM) of the 6-month automatic deferment of all loans…
BNM: Most Malaysians Households Remain Resilient Despite Covid-19 Impact, Higher Risk For B40
Most Malaysian households will still be able to weather through their debt despite the negative effects of the…
All Banks In Malaysia Will Waive RM1 MEPS Fee For Interbank Withdrawals Until The End Of MCO
Starting from 6 April 2020, all banks in Malaysia will temporarily waive the RM1 MEPS ATM withdrawal fee…
Malaysian Insolvency Department Announces Six-Month Deferment On Bankruptcy Repayments
Bankrupt individuals will see some reprieve as the Malaysian Insolvency Department (MdI) has announced several initiatives to help…
Malaysian Banks And Local Institutions Offer Financial Assistance For Customers Affected By Covid-19
(Last update: 1 April 2020, 3.40pm to include FAQs by banks.) With Malaysia going into an extended period…
All Malaysian Banks Have Declared Non-Compounding Interest For Moratorium Loans
In just under a week after Bank Negara Malaysia’s announcement on the 6-month moratorium for individual and SME…
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…
PRIHATIN Economic Stimulus Package: Additional Incentives To Assist Businesses And SMEs
Several financial assistance for businesses, small and medium enterprises (SMEs), and micro entrepreneurs have been announced by Prime…
RHB Will Also Not Charge Compound Interest During The 6-Month Moratorium
RHB Banking Group (RHB) has announced that it will not be compounding interest during the 6-month moratorium laid…
OCBC: No Compounding Interest On Mortgages & SME Loans For Moratorium
OCBC Malaysia has stated that the interest for its mortgages and SME loans during the six-month moratorium mandated…