Banks could lose capacity to provide RM79b loans due to moratorium

Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz under the six-month moratorium from April to September, total losses are expected to hit RM6.4 billion. - bernama

KUALA LUMPUR: Banks could see a reduction in their capacity to disburse new loans worth RM79bil over the six-month moratorium period from April to September.

Finance Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz said over the moratorium period, total losses are expected to reach RM6.4bil.

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Zafrul Abdul Aziz , MFRS 9 , moratorium

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