PETALING JAYA: Malaysian Assurance Alliance Bhd (MAA Assurance), in an effort to move away from commercial loans that had caused its non-performing loans (NPLs) to balloon, will launch its first comprehensive mortgage loan plan next month.
A source told StarBiz that the Mortgage Care Loan, expected to be worth some RM1.3bil over about 18 months, would be flexible and comprise fixed-term and overdraft facilities.
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