Extension of loan moratorium not healthy

WHEN the six-month moratorium on the repayment of loans end in September, banks have the liberty to extend the benefit to their consumers. This is what Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said in a recent interview.

However, no bank in the right frame of mind would want to extend the moratorium on loan repayment. It not only affects their bottom line but also further delays the painful process of sizing up the strength of their customers.