BNM told to review home financing models to help B40, M40 groups, says PM


PETALING JAYA: Bank Negara Malaysia (BNM) has been told to review home financing models to facilitate housing ownership for middle 40 (M40) and bottom 40 (B40) income groups, said Datuk Seri Ismail Sabri Yaakob.

The Prime Minister said this was to ensure that financial institutions would ease financing access for B40 and M40 groups for the groups to be able to purchase People's Housing Project (PPR) and affordable homes.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Prioritise health amid the haze, Fadhlina urges students
EPF launches direct zakat deduction facility for Simpanan Shariah members
Only registered intermediaries can handle customer transactions from Jan 1, says JPJ
Pressure intensifies on Indonesia as regional haze worsens
Young people not entitled or spoiled, just facing different realities, says Azalina
Sarawak proposes onshore financial centre, welcomes Sibu SEZ in 2027 Budget
Landslides, flash floods hit Kundasang villages after heavy downpour
Anwar wishes Rantau Panjang MP Siti Zailah speedy recovery after road accident
King expresses confidence in stronger M'sia-Jordan ties
King Abdullah II proposes deeper Jordan-Malaysia defence cooperation

Others Also Read