Loans under repayment aid up

This was driven by the retail and small and medium enterprise segments, after Bank Negara expanded the programme to support a wider group of borrowers alongside the extension of the lockdown in June, said Moody’s Investors Service.

KUALA LUMPUR: Malaysia’s six largest banks have reported that loans under Covid-19 pandemic-related repayment assistance increased to an average of 27% of total loans between July and August 2021 from 12% in March to May.

This was driven by the retail and small and medium enterprise segments, after Bank Negara expanded the programme to support a wider group of borrowers alongside the extension of the lockdown in June, said Moody’s Investors Service.