News about moratorium

PETALING JAYA (Oct 17): Malaysia Building Society Bhd (MBSB) anticipates returning to the black in the third quarter of this year after two consecutive quarters of losses, The Edge Malaysia reported in its latest issue.

KUALA LUMPUR (Oct 17): The National Union of Bank Employees (NUBE) is demanding urgent reinstatement of the blanket loan moratorium by a further two to three months across the country at least for the bottom 40% (B40) and middle 40% (M40) income groups as well as small and medium enterprises (SMEs).

KUALA LUMPUR (Oct 14): Bank Negara Malaysia (BNM) data showed that the total value of loan repayments had reached 70% of what it was prior to the blanket loan moratorium period.

KUALA LUMPUR (Oct 13): Recently, the story of a man who lost his job during the Movement Control Order (MCO) went viral on social media and touched the hearts of netizens.

PETALING JAYA (Sept 30): As Malaysia transitions into targeted repayment assistance following the end of the six-month blanket loan moratorium today, about 500,000 applications for repayment assistance have been received, said Bank Negara Malaysia (BNM).

KUALA LUMPUR (Sept 30): As the blanket loan moratorium ends today (Sept 30), Malayan Banking Bhd's (Maybank) branches nationwide (except for those in the red zones) will continue to remain open until 7pm today to provide customers added convenience to enquire and apply for Repayment Assistance.

KUALA LUMPUR (Sept 24): With the blanket automatic loan moratorium coming to an end next week, banks have contacted more than two million borrowers to offer loan repayment assistance after Sept 30, according to CIMB Group Holdings Bhd's group chief executive officer (CEO) Datuk Abdul Rahman Ahmad.

KUALA LUMPUR (Sept 23): Ninety-eight per cent of applications for moratorium extension and targeted bank assistance have been approved, says Prime Minister Tan Sri Muhyiddin Yassin (pictured).

KUALA LUMPUR (Sept 8): As at Aug 28, 2020, some two million borrowers who may need help servicing their loans have been contacted by banks on the repayment of their loans, says the Finance Ministry.

KUALA LUMPUR (Aug 27): The value of the moratorium on loan repayments by financial institutions stood at RM74.