Moratorium: Borrowers need to inform banks on consent, says finance minister | Malay Mail

Friday, 08 May 2020 04:16 PM MYT

Although the moratorium is automatic starting April 1, the borrowers’ consent is still legally required. “This is to protect the customer, the customer’s consent is required for any changes in the loan’s terms and conditions.

tzafrul_aziz MyMaybank As of today May 8, I still havent received any email or sms from my bank. I called the bank, no one picked up 🤷‍♀️

Wtf, what consent? Sms didn't send aso...

What consents they needed... Consent to back charge the interest

bankers will be bankers...

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Portugal’s unemployment rate could hit around 10 per cent by end of 2020, says finance minister | Malay MailLISBON, May 8 — Portuguese Finance Minister Mario Centeno said yesterday the unemployment rate could hit around 10 per cent by the end of the year, compared to 6.7 per cent reported during the first quarter of 2020, because of the impact of the coronavirus pandemic. “We think the unemployment...
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