EPF assessing use of Account 2 balance as collateral for loans


PETALING JAYA: The Employees Provident Fund (EPF) has acknowledged the announcement by Prime Minister Datuk Seri Anwar Ibrahim on the use of members’ Account 2 balance as a form of collateral to apply for personal loans.

In a statement on Friday (March 10), the EPF said it was assessing this initiative and will carefully consider all factors to ensure its smooth implementation.

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