Here's What The New 6-Month Moratorium Means Subscribe to our Telegram channel for our latest stories and breaking news. Beginning yesterday, 7 July, individual and enterprise borrowers (including small and medium businesses) who have been affected by the pandemic may start applying for a six-month bank loan moratorium, announced Bank Negara Malaysia (BNM). A moratorium, which means a legal authorisation to debtors to postpone payment, was announced earlier by the government as part of Pemulih, a sweeping economic recovery package in response to the ongoing COVID-19 pandemic. This moratorium, however, is different from the previous one announced last year, which had only been reserved for the B40 community.