30/04/2020
Latest Updated:
Bank Negara Malaysia’s (BNM) announcement on 30 Apr 2020, borrowers must reply to the bank ’s notification to confirm participation for 6-month moratorium on loan/financing payments.
Borrowers who with no respond will auto-considered not participate in the 6-month moratorium loan repayment and willingness to resume loan repayment.
https://www.bnm.gov.my/index.php?ch=en_press&pg=en_press&ac=5042&lang=en
Further to Bank Negara Malaysia’s (BNM) announcement on 25 March 2020, banking institutions are in the process of formalising agreements which reflect the revised payment terms with borrowers/customers with hire-purchase (HP) loans and fixed rate Islamic financing to give effect to the 6-month mor...