KUALA LUMPUR (Sept 15): The move by the Ministry of Finance (MOF) instructing banking institutions to work on the exemption of interest payments for recipients of the targeted payment assistance has generally taken analysts by surprise.
KUALA LUMPUR (Sept 14): Prime Minister Datuk Seri Ismail Sabri Yaakob (pictured) told the Dewan Rakyat today that the government is considering calls to compel lenders such as banks to waive interest fees on deferred loans to help ease the plight of the rakyat who are burdened by the Covid-19 pandemic.
BNM says banks will continue to offer targeted loan repayment assistance to borrowers when moratorium ends
KUALA LUMPUR (Aug 13): Bank Negara Malaysia (BNM) governor Datuk Nor Shamsiah Mohd Yunus said today banks in the country will continue to offer the Covid-19 pandemic-driven targeted loan-repayment assistance to borrowers when the loan-repayment moratorium expires by the end of 2021.
It has been an “open secret” that housing developers “artificially” inflate property prices and then offer rebates to buyers to help offset the 10% down payment.
KUALA LUMPUR (June 14): Public Bank Bhd managing director and chief executive officer (CEO) Tan Sri Tay Ah Lek said today the group’s Covid-19-driven targeted loan repayment assistance programme had so far assisted over 160,000 customers who benefited from the bank’s pandemic relief amounting to about RM40 billion.
PETALING JAYA (March 9): Payment for street parking will be only via the Smart Selangor Parking mobile app effective from Jan 1,2022, Selangor local government, public transport and new village development committee chairman Ng Sze Han announced today.
KUALA LUMPUR (Jan 18): In an instant reaction to Prime Minister Tan Sri Muhyiddin Yassin’s RM15 billion economic stimulus package announcement today, Bank Negara Malaysia (BNM) said loan takers can request repayment moratorium and that their Central Credit Reference Information System report will not be affected at a time when the nation contends with the economic impact of the Covid-19 pandemic.
KUALA LUMPUR (Nov 23): Maybank has extended the application period for loan/financing repayment assistance until June 30, 2021 to provide financial relief to individual and small and medium enterprise (SME) customers.
KUALA LUMPUR (Nov 13): Reimposing a blanket loan payment moratorium in the country is not in the best interest of the economy, says Bank Negara Malaysia governor Datuk Nor Shamsiah Mohd Yunus (pictured).
KUALA LUMPUR (Oct 22): RHB Bank Bhd is continuing payment assistance for customers facing difficulties making their monthly payments on loan or financing facilities until June next year.