BNM likely to introduce additional relief measures for borrowers
KUALA LUMPUR (March 25): Bank Negara Malaysia (BNM) is likely to introduce additional relief measures to ease borrowers affected by by the COVID-19 outbreak.
BNM announces automatic six-month moratorium on all bank loans, but not credit card balances
KUALA LUMPUR (March 24): Automatic moratorium on loan repayments will be granted to small and medium enterprises (SMEs) and individuals — an additional measure taken by Bank Negara Malaysia to relieve the burden on businesses and households that are expected to be affected by the COVID-19 outbreak.
Cagamas conducts RM450m in issuances to purchase mortgage loans from financial system
KUALA LUMPUR (March 20): Cagamas Bhd has conducted RM450 million in issuances, which will be used to fund the purchase of mortgage loans from the financial system.
NFC and Agriculture Ministry could not see eye to eye on abattoir: Witness
KUALA LUMPUR (March 11): The National Feedlot Corporation (NFC) could not meet its 2010 target to slaughter 8,000 cows as the government had reneged on an execution agreement to build slaughterhouses that were required for the NFC project, NFC’s lawyers suggested at the High Court yesterday.
Eden Inc gets compensation for ECRL land sale
KUALA LUMPUR (March 4): Eden Inc Bhd said today the diversified company had on Friday (Feb 28) received compensation amounting to RM16.
NFC never achieved targets specified in loan agreement with govt, court told
KUALA LUMPUR (Feb 15): The National Feedlot Corp Sdn Bhd (NFC) never achieved the primary targets that were stipulated by the government when it granted an RM250 million loan to the company, chief of which was to set up a national feedlot centre in Gemas, Negeri Sembilan.
Association of Banks in Malaysia's members taking steps to help customers affected by Wuhan virus
KUALA LUMPUR (Feb 11): The Association of Banks in Malaysia (ABM) says its members are undertaking measures to ensure their respective customers are able to weather the impacts caused by the coronavirus.
Ambank offers temporary payment deferment for customers affected by Wuhan virus
KUALA LUMPUR (Feb 11): Ambank Group announced yesterday that it will offer a temporary deferment or restructuring of instalment repayments for individuals and SME customers who are affected by the novel coronavirus (2019-nCOV) outbreak.
Bank Pembangunan joins growing list of banks helping customers affected by Wuhan virus outbreak
KUALA LUMPUR (Feb 11): Bank Pembangunan Malaysia Bhd (BPMB) has joined a growing number of banks to provide assistance to customers whose business operations may be financially impacted by the 2019 novel coronavirus (2019-nCoV) outbreak.
Public Bank offers clients affected by coronavirus six-month moratorium on loans
KUALA LUMPUR (Feb 10): Public Bank Bhd and Public Islamic Bank Bhd are offering a six-month moratorium on monthly instalment payments of loans and financing for its customers who are affected by the outbreak of the novel coronavirus (2019-nCoV).
