News Formal

Up to banks to extend loan moratorium for targeted groups - Finance Minister

  • 📰 malaysiakini
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Tengku Zafrul says the targeted moratorium extension should be looked at by banks on a case-by-case basis.

It is up to the banks if they wish to extend the loan moratorium in a targeted way, said Finance Minister Tengku Zafrul Abdul Aziz. He expressed the view that banks should look into targeted assistance but they cannot be forced to do so as it within their jurisdiction.

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 SG
 

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

Singapore Singapore Latest News, Singapore Singapore Headlines

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

Finance Minister: Govt to discuss with banks extension of six-month loan moratoriumKUALA LUMPUR: The government will hold talks with banks with regards to extending the six-month moratorium on loans and financing repayments which ends in September, says Finance Minister Datuk Seri Zafrul Tengku Abdul Aziz.
Source: staronline - 🏆 4. / 75 Read more »