Friday, 01 May 2020 11:43 AM MYTYesterday BNM announced that hire-purchase loans and fixed-rate Islamic financing would face additional interest charges once the moratorium, which runs from April 1 to September 30, expires. — Picture by Ahmad Zamzahuri
It also requested that banks do not impose any form of interest for as long as the moratorium is in effect, asking them to make sacrifices. It said imposing additional interest on loans under the moratorium gives the impression that the sector does not care about the rakyat's fate. “We are confident that although banking's revenues will be affected in the short-term should the sector choose to not impose interest, it will ultimately not cause a loss in the long-term,” said the council.
Source: News Formal (newsformal.com)
What a scam... offer you the extension without additional charges during the drought so you take it... but a month into it, they change the terms... 👏🏽👏🏽👏🏽 well played you crooks! Fucking banks!
anwaribrahim Covid-19 epidemic caught us, in a swift manner. Many countries were caught offguard & paid dearly. M'sia relented well. As PN govt tried to help everyone financially, certain initial calcula~n proved crippling to banks operat~n. As such, recall adjust~m may b abs necessary.
You know its not gonna work...
anwaribrahim '..hire-purchase loans and fixed-rate Islamic financing would face additional interest charges..' 𝙏𝙃𝙀𝙍𝙀'𝙎 𝙄𝙉𝙏𝙀𝙍𝙀𝙎𝙏 𝙄𝙉 𝙄𝙎𝙇𝘼𝙈𝙄𝘾 𝘽𝘼𝙉𝙆𝙄𝙉𝙂. 𝙎𝙀𝙍𝙄𝙊𝙐𝙎𝙇𝙔.!
Alhamdulillah syukurr dapat KERAjaan PrihatiN niii
For one to rethink one has to first think in the first place.
anwaribrahim Ini semua salah pakatan harapan . 🙄
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BNM regrets any confusion caused by procedural change on loan moratoriumCentral bank blames its illustration provided in an earlier version of FAQs, where certain assumptions and caveats were made. u turn u turn la! zalim kat rakyat susah Rakyat susah xpa jgn bank susah
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Bank perlu jelaskan proses moratorium, kata BNM | The Malaysian InsightInstitut perbankan juga perlu menetapkan cara paling sesuai dan mudah untuk memuktamadkan perjanjian-perjanjian tersebut dalam tempoh Perintah Kawalan Pergerakan (PKP). bank perlu jelaskan process moratorium SEBELUM PERLAKSANAAN
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BNM: Banks prepping moratorium agreement with borrowers | Malay MailKUALA LUMPUR, April 30 — Banking institutions are in the process of formalising revised payment agreements with their customers to reflect the moratorium for hire-purchase loans and fixed-rate Islamic financing. In a press statement today, Bank Negara Malaysia (BNM) said that this is part of the... _ucinorn here u go.
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ABM: Hire purchase customers have repayment options for moratorium | Malay MailKUALA LUMPUR, April 30 — Hire purchase customers who choose to take up the six-month moratorium from April 1 to September 30, 2020 will have an option in terms of repayment, says the Association of Banks in Malaysia (ABM). In a statement today, ABM said relevant customers could choose to pay the... Wow! What a Uturn by backdoor people's! They are just adding more hardships to already suffering 'Rakyat'! It's like adding oil to burning fire! Another flip flop. And no explanation. The rakyat will never forgive you. No backbone, only backdoor.
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MTUC: BNM ‘inhumane’ for allowing banks to charge accrued interests during moratorium | Malay MailKUALA LUMPUR, May 1 — Bank Negara Malaysia (BNM) has been accused by the Malaysian Trade Union Congress (MTUC) of being inhumane in its move to affirm that interests of loans accumulated under the six-month moratorium will still be charged to the borrowers. MTUC said the move to charge borrowers... Syukur kerajaan melayu isley dh menang. Tapi ni mesti salah DAP lagi. How to expect..... This is a inhuman government How about tax?
Source: malaymail - 🏆 1. / 86 Read more »