Banks ready to help borrowers

PETALING JAYA: Borrowers affected by the Covid-19 pandemic are preparing to tighten their pockets ahead of the loan moratorium which will cease at the end of this month.

While many of them have approached the banks for loan restructuring and rescheduling, those who are not qualified for an extension of the moratorium have been taking on additional work to stay afloat without resorting to borrowing from illegal moneylenders.