Bank Negara expands eligibility criteria for RM1b affordable homes fund

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The enhancement will take effect on Sept 1.

Bank Negara Malaysia has expanded the eligibility criteria for its RM1 billion Fund for Affordable Homes.

Later in a press conference, assistant governor Adnan Zaylani Mohamad Zahid said the central bank has approved 296 applications for the Fund worth RM31 million as at end-June 2019. "We do hope people as well as borrowers who had faced such rejection to make use of this facility,” he said.

 

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