Opt-in moratorium more manageable for banks


In good hands: There is a concern on the liquidity of banks as cash flow may be affected as a result of the moratorium, however, an analyst understands that Bank Negara will provide liquidity support.

THE second round of the blanket loan moratorium is expected to be less painful and more manageable for the banks.

This time around, as borrowers need to opt in to enjoy the payment deferment, chances are high that fewer individuals and businesses would participate in the moratorium.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Banks , moratorium , manageable , Bank Negara , MIDF ,

Next In Business News

Wasco to gain from transition to renewables
CPO prices to stay range-bound in February
Stiff competition to reshape auto landscape
Maybank’s sustained returns growth ambition
Steel Hawk unit secures Sabah contract
Real estate credit hits US$79bil in 4Q
Oxford Innotech wins RM4.8mil data centre job
MAG makes new executive leadership appointments
KIP-REIT expects higher traffic at its malls
Glovemakers shift focus as China floods markets

Others Also Read