2m borrowers contacted by banks on loan extension - Finance Ministry

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Of the 1.1m who gave feedback, nearly 300k confirmed they need assistance with loan repayments.

As of Aug 28, some two million borrowers who may need help servicing their loans have been contacted by banks, according to the Finance Ministry.

Deputy Finance Minister II Mohd Shahar Abdullah said of the 1.1 million borrowers who gave feedback, nearly 300,000 confirmed they need assistance with loan repayments, with the remainder still weighing their options...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Two million borrowers contacted by banks on loan extension, says Finance Ministry | Malay MailKUALA LUMPUR, Sept 8 — As at August 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. Deputy Finance Minister II Mohd Shahar Abdullah said of the 1.1 million of the borrowers who...
Source: malaymail - 🏆 1. / 86 Read more »

Bank Negara also buys bonds in the market if necessary - ZafrulPARLIAMENT | The finance minister says purchases have added RM54b worth of liquidity to the banking system.
Source: malaysiakini - 🏆 20. / 51 Read more »