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The Asian Affairs > Latest News > Moratorium

Tag Archives: Moratorium

Malaysia

Muhyiddin: Govt agrees to three months extension on targeted moratorium extension

By Katherine S
July 30, 2020
in :  Malaysia

PETALING JAYA – Prime Minister Tan Sri Muhyiddin Yassin confirmed today that the government has allowed  three-month loan moratorium extension and assistance for those affected by Covid-19 and the movement control order. The Prime Minister said that the target moratorium will be for a three month extension and will be offered to thos who lost their jobs this year or …

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Malaysian banks the declaration of the 6-month automatic deferment of all loans
ASEAN News

Clarity and Information Updates will be given by Banks regarding Loan Moratorium

By Katherine S
May 1, 2020
in :  ASEAN News, Malaysia

For many Malaysians the declaration of the 6-month automatic deferment of all loans by Bank Negara Malaysia (BNM) has been greeted with relief. At a time when work stability in Malaysia and across the globe is inexistent, the decision to give no fines for failure to pay off a significant monthly contribution is also a good news. However, a bit …

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