Financial Planning Association of Malaysia CEO Linnet Lee cautioned Malaysians against using the extra cash from the loan moratorium to invest.
PETALING JAYA: Association of Banks Malaysia (ABM) said all banks have been given the same guidelines and parameters for the rollout of the moratorium programme to ensure that the programme approach is consistent across the industry.
However, due to the different back-end systems in the banks and also different borrowers’ circumstances, there would be slight differences in certain aspects, it added.
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