Moratorium

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Moratorium
Finance Minister: No Final Decision On Extension Of Loan Moratorium Yet
- 21st July 2020
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said that the government has yet to decide on whether […]
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Moratorium
FOMCA: Borrowers Should Reach Out To Banks Quickly About Loan Repayment Difficulties
- 10th July 2020
The Federation of Malaysian Consumers Associations (FOMCA) has advised borrowers to liaise with their respective banks for negotiations […]
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Moratorium
Finance Minister: Moratorium Estimated At RM51.4 Billion As Of 6 July
- 9th July 2020
The ongoing six-month automatic moratorium announced by Bank Negara Malaysia (BNM) in March is estimated to stand at […]
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MTUC Joins Calls For Six-Month Bank Moratorium To Be Extended
- 6th July 2020
The Malaysian Trades Union Congress (MTUC) has urged the government and Bank Negara Malaysia (BNM) to pull their […]
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CIMB To Take Targeted Approach With Moratoriums After September
- 1st July 2020
CIMB will be taking a “targeted approach” to assist borrowers who are affected by the Covid-19 pandemic once […]
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AmBank To Consider Targeted Moratoriums Once Automatic Moratorium Ends
- 30th June 2020
AmBank has stated that it considers a second blanket automatic moratorium unwise – but is open to the […]
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Maybank Estimates Modification Loss At RM1 Billion From Hire Purchase Moratorium
- 29th June 2020
Maybank has estimated that it has incurred approximately RM1 billion worth of day-one modification loss from the six-month […]
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Moratorium
Finance Minister: Banks To Decide On Targeted Moratorium Extension
- 29th June 2020
Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz has commented that banks will have the final say in […]
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AKPK Ready To Provide Financial Counselling And Rescheduling Services Post-Moratorium
- 22nd June 2020
The Credit Counselling and Debt Management Agency (AKPK) has stated that it is ready to provide financial counselling […]
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Moratorium
Malaysia Bank Moratorium: Why You Should Opt For The 6-Month Deferment For ALL Loans (Updated)
- 6th May 2020
EDITOR’S NOTE: This article refers to the 2020 loan moratorium, and the information here may be outdated. Please […]
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Malaysia Bank Moratorium: Why You Should Opt For The 6-Month Deferment For ALL Loans (Updated)
Pang Tun Yau
- 6th May 2020
EDITOR’S NOTE: This article refers to the 2020 loan moratorium, and the information here may be outdated. Please […]
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Moratorium Extension: Explaining What Is Rescheduling And Restructuring (R&R) And Other Financial Terms Used In Loan Agreements
Alex Cheong Pui Yin
- 13th August 2020
From 7 August 2020, Malaysian banks have begun accepting applications from eligible borrowers for the extended moratorium and […]
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Public Bank Extended Moratorium: Flexible Arrangements To Reduce Loan Instalments Until End-2021
Jacie Tan
- 7th August 2020
Public Bank has released the details of its Covid-19 assistance for those who will still be in financial […]
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Loan Repayment Assistance Under PEMERKASA+ Is Available For Everyone
RinggitPlus
- 15th June 2021
The latest spike in Covid-19 cases has led to the declaration of a third movement control order and […]