Loan to Genting granted before the pandemic, says Tengku Zafrul | The Malaysian Insight

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Loan to Genting granted before the pandemic, says Tengku Zafrul

Finance Minister Tengku Zafrul Tengku Abdul Aziz says he played no role in the Malaysian banks’ loan approval process to Genting Hong Kong. – The Malaysian Insight file pic, January 29, 2022.

FINANCE Minister Tengku Zafrul Tengku Abdul Aziz said the unsecured loan by local banks to Genting Hong Kong was granted before the pandemic, which hit the leisure sector unexpectedly hard. He said giving out unsecured loans is not an uncommon thing in the banking industry, adding that banks can approve them based on their risk and credit assessments.

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And now blame pandemic? So got blame some dumbass not taking collateral for the loan?

The main question is why are the loans unsecured ? Bukan bila loan approved paluiii...

ok ... fine. why are u so nervous trying to convince kami. ni ujian allah for you! Byk org benci lu bro and for a good cause

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Local banks’ unsecured loan to Genting HK common practice, Tengku Zafrul says | The Malaysian InsightFinancial institutions can approve such loans based on willingness to take risks at internal level. shut it la tzafrul_aziz Common kepala bapak kau Common practice my foot...without BNM n FM approvals loan will not be release...moreover without any guarantor....Wow I also wanna this loan !!!
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