BSN to act against errant loan mentors


  • Nation
  • Saturday, 12 Jul 2003

KUALA TERENGGANU: Bank Simpanan Nasional will take action against mentors under its micro-credit scheme if they have solicited payments from borrowers.  

Deputy Finance Minister Datuk Dr Ng Yen Yen said the mentors – who are representatives of trade organisations – received RM200 upon approval of a loan and another RM200 when it was repaid. 

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

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