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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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...
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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.
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