Banks to notify borrowers about deferment from Friday

Bank Negara Malaysia said on Thursday the borrowers/clients would be notified via SMS, email or registered mail from their banking institutions.

KUALA LUMPUR: Borrowers/customers with hire purchase loans and fixed rate Islamic financing will receive a notification from Friday on the steps needed to take to complete the process of deferring their loan/financing payments under the moratorium.

Bank Negara Malaysia said on Thursday the borrowers/clients would be notified via SMS, email or registered mail from their banking institutions.

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Bank Negara , moratorium , hire purchase

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