Personal loan applicants exceeding RM100,000 to attend financial education module - Bank Negara

- Samsul Said/Bloomberg

KUALA LUMPUR: Consumers applying for personal financing with amounts exceeding RM100,000 will need to attend and complete a financial education module, according to Bank Negara Malaysia (BNM) today.

In its policy document on personal financing released here today, the central bank said these were among the new requirements set by BNM.