Tag: moratorium
Guan Eng: Govt must instruct banks to waive principal interest during...
A six-month bank loan moratorium will only be effective if the government ensures the deferment comes without the accrued principal interests.
Applications for six-month loan moratorium open tomorrow
Individuals and micro, small and medium enterprise loan borrowers affected by the Covid-19 pandemic may apply for a six-month moratorium from tomorrow.
Guan Eng: Non-interest-free moratorium just ‘cosmetic financial placebo’
Lim Guan Eng has called the recently announced six-month bank loan moratorium a “cosmetic financial placebo” that will negligibly impact banks’ earnings.
Steven Sim: Rakyat used RM78b from EPF, why can’t banks use...
Steven Sim has accused the government of caring for tycoons rather than the people over its refusal to instruct banks to implement automatic loan moratoriums.