News about repayment

KUALA LUMPUR (July 30): The Federation of Malaysian Manufacturers (FMM) has called on banks to consider making the process for the restructuring of loan repayments be made simple and seamless, given it is based on the individual banks’ commitment and not a directive from the government.

KUALA LUMPUR (July 29): The loan repayment flexibility will be opened for application from Aug 7, 2020, Bank Negara Malaysia (BNM) (pictured) announced today.

KUALA LUMPUR (July 13): The Malaysian Association of Tour and Travel Agents (MATTA) has urged the government and Bank Negara Malaysia (BNM) to extend the bank loan-repayment moratorium by another six months for the tourism industry because the sector is the hardest hit by the Covid-19 outbreak and studies indicate that it will only recover from the crisis much slower than other local industries.

KUALA LUMPUR (July 4): The Malaysian Trades Union Congress (MTUC) said today the government and Bank Negara Malaysia (BNM) must compel banks to extend the loan repayment moratorium by six more months or see record asset forfeitures involving borrowers.

KUALA LUMPUR (April 17): Tropicana Corp Bhd has proposed a RM1.

KUALA LUMPUR (April 3): Although household debts expanded faster in the second half of 2019, the risk of Malaysian borrowers defaulting on their loan repayment remains low, according to Bank Negara Malaysia (BNM).

We have heard Malaysians complaining about house prices soaring beyond reach.

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 (Sept 26): The Association of Banks in Malaysia (ABM) announced today its member banks have ceased charging fees for cheque and cash payments for credit card and financing repayments over the counter (OTC) and at cash deposit machines.

KUALA LUMPUR (Aug 28): Daiman Development Bhd shares rose as much as 65 sen or 30% to RM2.