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

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

KUALA LUMPUR, March 30 — 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...

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

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

KUALA LUMPUR, Feb 5 — 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...

PM: Govt values steps taken by banking sector to resolve debtors' arrears - Vimarsana News

PM: Govt values steps taken by banking sector to resolve debtors' arrears

PETALING JAYA: The government appreciates the efforts of the banking sector in continuing to support and assist borrowers facing financial difficulties by restructuring the loans of defaulters, says the Prime Minister.

Banking sector to continue assisting borrowers facing difficulties, says PM - Vimarsana News

Banking sector to continue assisting borrowers facing difficulties, says PM

PETALING JAYA: The banking sector will continue to assist borrowers who are facing financial difficulties amid the Covid-19 pandemic, says Datuk Seri Ismail Sabri Yaakob.

BSN committed to help affected B50 borrowers via Urus | Money - Vimarsana News

BSN committed to help affected B50 borrowers via Urus | Money

KUALA LUMPUR, Nov 25 — 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...