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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 […]
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 […]
Moratorium
MTUC Joins Calls For Six-Month Bank Moratorium To Be Extended
The Malaysian Trades Union Congress (MTUC) has urged the government and Bank Negara Malaysia (BNM) to pull their […]
Moratorium
CIMB To Take Targeted Approach With Moratoriums After September
CIMB will be taking a “targeted approach” to assist borrowers who are affected by the Covid-19 pandemic once […]
Moratorium
AmBank To Consider Targeted Moratoriums Once Automatic Moratorium Ends
AmBank has stated that it considers a second blanket automatic moratorium unwise – but is open to the […]
Moratorium
Maybank Estimates Modification Loss At RM1 Billion From Hire Purchase Moratorium
Maybank has estimated that it has incurred approximately RM1 billion worth of day-one modification loss from the six-month […]
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 […]
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 […]
Moratorium
Malaysia Bank Moratorium: Why You Should Opt For The 6-Month Deferment For ALL Loans (Updated)
EDITOR’S NOTE: This article refers to the 2020 loan moratorium, and the information here may be outdated. Please […]
Moratorium
Ministry Of Finance Confirms No Interest Accrual On Hire Purchase Loans & Fixed Rate Islamic Financing
In an interesting twist of events, Finance Minister Tengku Dato’ Sri Zafrul Abdul Aziz has announced hugely positive […]
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Malaysia Bank Moratorium: Why You Should Opt For The 6-Month Deferment For ALL Loans (Updated)
EDITOR’S NOTE: This article refers to the 2020 loan moratorium, and the information here may be outdated. Please […]
Public Bank Extended Moratorium: Flexible Arrangements To Reduce Loan Instalments Until End-2021
Public Bank has released the details of its Covid-19 assistance for those who will still be in financial […]
Covid-19 Taught Us Something About Money, But Are Malaysians Behaving Any Differently?
Say what you want about 2020. Unprecedented. Different. Challenging. Yet, when it comes to the way Malaysians managed […]
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 […]