The latest change in procedure for the six-month loan moratorium for hire-purchase agreements appears to be due to an oversight by Bank Negara Malaysia.” moratoria on all loan and financing repayments, the central bank announced today that additional documentation will be required to defer HP and fixed-rate Islamic financing repayments.
In a statement late tonight, it clarified that borrowers of these two types of loans will “not need to apply” for the deferment but will need to “complete the documentation required to give legal effect on the moratorium”...
No body is perfect in this world. Imgine BNM is doing this mistake. If we as individual made mistake our head will roll. So BNM rep head must roll on this issue as well
It’s the damn menteri. Incompetent
I've always been impressed with BNM_official on point, efficient & effective governance. But it took them over a month to realise this 'oversight'? Guess we found their Achilles heel. They are absolutely useless when it comes to working from home.
Oversight? On a matter affecting millions of ordinary rakyat? Who will take responsibility? Who will apologise and resign? You only create more chaos during these difficult times.
How come bank negara can be overside over this matter...
BankerJagaBanker
Tunggu pm unuk esuk. Article tak official sembang mcm anuar
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Banks to explain six-month loan moratorium to hire purchase customersPETALING JAYA: The Association of Banks in Malaysia (AMB) and its member banks will be notifying their respective hire purchase customers on the procedures for the six-month loan moratorium announced by Bank Negara Malaysia Thursday (April 30). The bank should be prudent in doing this. In the first announcement they just said the payment payment period just extended for 6 month. Now either pay full after 6 month or they will charge interest on outstanding amount? bnm what la BNM_official sounds like we just enter a spam scheme when the first announcement said it can be extended for 6months BNM_official this is dick move. Up urs.
Source: staronline - 🏆 4. / 75 Read more »
ABM: Hire purchase customers have repayment options for moratorium | Malay MailKUALA LUMPUR, April 30 — Hire purchase customers who choose to take up the six-month moratorium from April 1 to September 30, 2020 will have an option in terms of repayment, says the Association of Banks in Malaysia (ABM). In a statement today, ABM said relevant customers could choose to pay the... Wow! What a Uturn by backdoor people's! They are just adding more hardships to already suffering 'Rakyat'! It's like adding oil to burning fire! Another flip flop. And no explanation. The rakyat will never forgive you. No backbone, only backdoor.
Source: malaymail - 🏆 1. / 86 Read more »
Moratorium: Banking institutions to give clear information, process and changes - Bank NegaraBanking institutions urged to roll out means to conclude loan/financing payments under the moratorium.
Source: malaysiakini - 🏆 20. / 51 Read more »
Moratorium: Hire purchase customers have repayment options | New Straits TimesKUALA LUMPUR: Hire purchase customers who choose to take up the six-month moratorium from April 1 to Sept 30, 2020 have an option of repayment, says the Association of Banks in Malaysia (ABM). U turn big time Incompetent belakang fools. And their dumb supporters Hell of a move BNM_official 😎If I can repay all 7 months repayment in Oct to save interest what’s the point I opt in 😐If I already cannot survive then still have to incur interest 😰Wanna help then help properly la tolongwey 🙏🏻🙏🏻🙏🏻
Source: NST_Online - 🏆 17. / 53 Read more »