Page 4 - மைய கடன் குறிப்பு தகவல் அமைப்பு News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Tengku Zafrul: Pemulih moratorium estimated at RM80 bil, Malaysia only country implementing it for second time
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Tengku Zafrul: Moratorium estimated at RM80bil, Malaysia only country implementing it for second time
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Tengku Zafrul: Pemulih moratorium estimated at RM80 bln, Malaysia only country implementing it for second time
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Finance minister: Pemulih moratorium estimated at RM80b, Malaysia only country implementing it for second time | Malaysia
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The difference between this latest moratorium and the first one from March to September 2020 is that the new moratorium is on an opt-in basis whereby interested borrowers would have to apply for it – though the approval process is expected to be much simplified – and borrowers may have to sign revised terms to the loan agreement.
PETALING JAYA: The blanket six-month loan moratorium amid phase one of the National Recovery Plan is not expected to significantly dampen banks earnings.
The difference between this latest moratorium and the first one from March to September 2020 is that the new moratorium is on an opt-in basis whereby interested borrowers would have to apply for it – though the approval process is expected to be much simplified – and borrowers may have to sign revised terms to the loan agreement.