Up to banks to extend loan moratorium for targeted groups - Finance Minister

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Malaysia Headlines News

Tengku Zafrul says the targeted moratorium extension should be looked at by banks on a case-by-case basis.

It is up to the banks if they wish to extend the loan moratorium in a targeted way, said Finance Minister Tengku Zafrul Abdul Aziz. He expressed the view that banks should look into targeted assistance but they cannot be forced to do so as it within their jurisdiction.

Source: News Formal (newsformal.com)

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Targeted moratorium extension up to banks - Tengku ZafrulKUALA LUMPUR: It is up to the banks if they wish to extend the loan moratorium in a targeted way, said Finance Minister Tengku Datuk Seri Zafrul Abdul...
Source: theSundaily - 🏆 25. / 51 Read more »

Finance Minister: Govt to discuss with banks extension of six-month loan moratoriumKUALA LUMPUR: The government will hold talks with banks with regards to extending the six-month moratorium on loans and financing repayments which ends in September, says Finance Minister Datuk Seri Zafrul Tengku Abdul Aziz.
Source: staronline - 🏆 4. / 75 Read more »

Up to banks to extend loan moratorium | The Malaysian InsightFinance minister says banks should look into targeted assistance.
Source: msianinsight - 🏆 8. / 63 Read more »

Govt talking to banks on extending 6-month bank loan moratoriumFinance Minister Tengku Zafrul Tengku Abdul Aziz says, however, that the decision will be left to the banks. FMTNews Bank Prasarana
Source: fmtoday - 🏆 5. / 72 Read more »

Tengku Zafrul: Targeted moratorium extension up to banks | Malay MailKUALA LUMPUR, Jun 28 — It is up to the banks if they wish to extend the loan moratorium in a targeted way, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He expressed the view that banks should look into targeted assistance but they cannot be forced to do so as it...
Source: malaymail - 🏆 1. / 86 Read more »

Alliance Bank preparing to face post-moratorium payment shock, says Group CEO | Malay MailKUALA LUMPUR, June 26 — Alliance Bank Malaysia Bhd is taking the precaution of having additional liquidity to mitigate any payment shock once the loan moratorium ends in September. Group chief executive officer Joel Kornreich said the bank has a strong funding position currently, with a liquidity...
Source: malaymail - 🏆 1. / 86 Read more »