Grace period for loans

By TOH KAR INN

Bank Negara loans copy

PETALING JAYA: Bank Negara is granting an automatic moratorium on all loan or financing payments for individuals and small and medium-sized enterprise (SME) borrowers for six months beginning April 1.

This comes as part of the central bank’s new measures to assist borrowers experiencing temporary financial constraints due to the Covid-19 outbreak.

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