KUALA LUMPUR, Dec 19 — The banking sector is ready to offer repayment assistance for borrowers affected by the floods, Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz said today.
“Further details will be announced by the Association of Banks in Malaysia , the Association of Islamic Banking and Financial Institutions Malaysia , the Association of Development Finance Institutions Malaysia and the banks involved, soon,” he said in a statement today. This is the outcome of discussions between the Ministry of Finance and Bank Negara Malaysia, ABM, AIBIM, and ADFIM. — Bernama
Assist the bleed them with interest. This is business babes. Disaster is good business.
May b our ministers can donate their salary to help flood victims!
Got interest ah? Kanina!
BORROWERS babi
Looks like MoF is trying to wash off their hands giving an impression that they have no control over the banks
Sembang babi terbang
0% interest?
Bohong Mesti amik profit gak tu
Banks have short memories
Cakap senanglah minister
Always talk 🐓
Not interest free I'm sure. Just a profit making strategy. Feeding off people's misery. The Finance Minister is no help at all. He thinks like a banker, and not for the people.
With interest of course
Babi banker
I dont know chief. Banks helping people? Thats unheard of.
The banks are forced to allow mediocre borrowers to raise New loans to settle old loans that's basically Moratorium about that's reason you can't feel much about foreclosure and bankruptcies but borrowers going to be extra long term to pay all these loans and it's Time-Bomb..
Where is the federal allocation for flood victims Where is it?
They'll use this 'assistance' to justify the reinstatement of the RM1 withdrawal fee.
Since when does banks do anything without profit? Right now, while still suffering from COVID hardship, more debt not needed. Plus this saves the government forking out
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