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KUALA LUMPUR: Targeted assistance will enable banks to assess the unprecedented situation brought about by the Covid-19 pandemic and channel funds to much-needed sectors and aid economic recovery.
KUALA LUMPUR: Small and medium enterprises (SMEs) still in need of financing repayment assistance post-moratorium are urged to contact their banks.
PETALING JAYA: As the automatic loan moratorium period ends, individuals and businesses facing problems in making repayment this month can still come forward and seek help.
PETALING JAYA: The banking industry has received about 500,000 applications for repayment assistance and approved 98% of them, Bank Negara said.
KUALA LUMPUR: The banking industry has received about 500,000 applications for repayment assistance and approved 98 per cent of them, Bank Negara Malaysia (BNM) said.
THE Covid-19 pandemic has brought about one of the most challenging economic environments in recent memory, affecting all Malaysians.
KUALA LUMPUR: Credit Counselling and Debt Management Agency (AKPK) has asked borrowers to take proactive steps in assessing their financial position now and into the future, as the automatic blanket moratorium ends tomorrow.
KUALA LUMPUR: Although the six-month automatic loan moratorium was beneficial to the country, it is important to move out of the moratorium period so that the economy can start to recover.