Loan repayment freeze to end in September as scheduled, says finance minister

The government says the six-month moratorium for housing and car loan repayments will not be extended.

PETALING JAYA: Finance Minister Tengku Zafrul Abdul Aziz says the moratorium on loan repayments will end in September as scheduled. He said a targeted approach would be taken moving forward as under the recovery movement control order , many businesses were now back in operation and able to service their loans.MORE TO COME

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Finance minister: Loan repayment moratorium ending in September as most should be able to service debt now | Malay MailKUALA LUMPUR, July 21 — Borrowers must begin servicing their loans from October as the repayment moratorium will end as scheduled in September, Finance Minister Datuk Seri Tengku Zafrul Aziz said today. According to national news agency Bernama, the minister confirmed that the moratorium...
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Loan repayment moratorium won’t be extended, say banking sources | Malay MailKUALA LUMPUR, July 21 — The loan repayment moratorium will end as scheduled in September and will not be extended, according to industry sources. They told The Star that banks would instead help borrowers restructure their existing debt and adjust their repayment schedules once the initiative has...
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Finance minister: Loan repayment moratorium ending in September as most should be able to service debt now | Malay MailKUALA LUMPUR, July 21 — Borrowers must begin servicing their loans from October as the repayment moratorium will end as scheduled in September, Finance Minister Datuk Seri Tengku Zafrul Aziz said today. According to national news agency Bernama, the minister confirmed that the moratorium...
Source: malaymail - 🏆 1. / 86 Read more »