Moratorium on loan repayments at RM66.6bil


Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said RM23.3bil of this figure was utilised by the business sector while RM43.3bil by the public. “Towards the end of the general moratorium period on Sept 30,2020, banking institutions continue to be facilitative in assisting borrowers affected by Covid-19 through the extended moratorium and targeted bank assistance. ”

KUALA LUMPUR: The moratorium on loan repayments extended by financial institutions, which came into effect on April 1, is estimated to be worth RM66.6bil as of July 31, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz.

He said RM23.3bil of this figure was utilised by the business sector while RM43.3bil by the public.

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