“No, we won’t consider it, as we think that the six-month moratorium period is a good enough period to come up with a plan (to restructure etc). None of us knows how long or how deep the impact from Covid-19 is going to be, ” group CEO Datuk Abdul Farid Alias (pic) said at a virtual press conference after its AGM yesterday.
KUALA LUMPUR: Malayan Banking Bhd (Maybank) does not think there is a need for the loan moratorium to be extended past the September deadline.
“No, we won’t consider it, as we think that the six-month moratorium period is a good enough period to come up with a plan (to restructure etc). None of us knows how long or how deep the impact from Covid-19 is going to be, ” group CEO Datuk Abdul Farid Alias said at a virtual press conference after its AGM yesterday.
Subscribe to The Star Yearly Premium Plan for 30% off
Cancel anytime. Ad-free. Full access to Web and App.
Monthly Plan
RM 13.90/month
RM 9.73/month
Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.
Annual Plan
RM 12.39/month
RM 8.63/month
Billed as RM 103.60 for the 1st year, RM 148 thereafter.