PUTRAJAYA (Aug 5): The Finance Ministry has advised individual borrowers burdened with unpaid instalments due to the economic impact of Covid-19, to deal with their respective banks without delay from Aug 7 for extension of the moratorium on their loans.
KUALA LUMPUR (May 1): Bank Negara Malaysia has issued an FAQ to respond to the public’s queries on the six-month moratorium granted on Hire-Purchase loans and fixed rate Islamic financing.
KUALA LUMPUR (April 30): The Association of Banks in Malaysia (ABM) confirmed today that its member banks will be reaching out to their respective hire purchase (HP) customers to notify them of the procedures needed to effect the moratorium on their loans.
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.
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.
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.
KUALA LUMPUR (Jan 23): The overnight policy rate (OPR) cut should potentially help put a lid on the declining business and consumer sentiments, according to AmBank Group chief economist and head of research Dr Anthony Dass.
KUALA LUMPUR (Dec 24): CIMB Group Holdings Bhd is providing a six-month repayment relief for a number of loans and financing products for customers and staff who have been affected by the recent floods.
KUALA LUMPUR (Oct 23): Parkson Holdings Bhd’s 54.