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.