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

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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...

 

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