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Bank Negara sees bank loan default hitting 4pc by end-2024 in event of employment shocks | Malaysia

KUALA LUMPUR, March 30 โ€” Bank Negara Malaysia (BNM) has expressed its concerns over the financial resilience of some segments of household borrowers that are highly leveraged and have lower financial buffer, a situation which can only be addressed by labour market and social protection...
Kuala Lumpur Ahmad Zamzahuri Resilience Programme Urus Provident Fund Bank Negara Malaysia Debt Management Programme

Finance Ministry: Govt continues efforts to help people in Malaysia rebuild livelihoods post-pandemic | Malaysia

KUALA LUMPUR, Feb 5 โ€” The Ministry of Finance (MoF) today reiterated and reminded the public to take advantage of various initiatives provided by the government to help the people rebuild their livelihoods, post-pandemic. According to the ministry, the initiatives that have been announced...
Kuala Lumpur Firdaus Latif Resilience Programme Urus Ministry Of Finance Mo Medium Enterprises Smes Bank Negara Malaysia

BSN committed to help affected B50 borrowers via Urus | Money

KUALA LUMPUR, Nov 25 โ€” Bank Simpanan Nasional (BSN) will help its affected B50 customers via the Financial Management and Resilience Programme (Urus), which is a cooperative effort between the banking industry and the Credit Counselling and Debt Management Agency (AKPK). BSN chief executive Jay...
Kuala Lumpur Miera Zulyana Jay Khairil Resilience Programme Urus Debt Management Agency Bank Simpanan Nasional

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PM announces new Urus programme to provide interest exemption for three months, smaller instalments for B50 borrowers | Malaysia

KUALA LUMPUR, Oct 13 โ€” Prime Minister Datuk Seri Ismail Sabri Yaakob has announced that the Financial Management and Resilience Programme (Urus) for borrowers in the B50 income group will be set up by the banking sector soon. Facilities to be provided include interest exemption for three months...
Kuala Lumpur Ismail Sabri Yaakob Perdana Putra Resilience Programme Urus Bank Negara Malaysia Credit Management Agency

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