Bank Negara Malaysia says banks are required to comply with the Hire Purchase Act 1967 and obtain an indication of agreement from customers.
BNM deputy governor Jessica Chew Cheng Lian said no one needed to apply for the moratorium but the banks had to comply with the Hire Purchase Act 1967 and obtain an indication of agreement from customers.“We have also made it clear to the banks that they must make it as convenient as possible for borrowers to complete the process,” she said in a teleconference briefing with the media today.
Siah said BNM had also emphasised that borrowers needed to understand how their repayments would change if they were to take up the moratorium offer. Chew acknowledged the confusion that arose over interest rates, saying the few parties that had spoken on this issue had created different impressions on how it would work.
BNM..u ar creating more confusion. When u issued FAQ it's a guidance 4 cust 2 follow. Now u said it's just an illustration, & now u want 2 drop it. Y so many U's? U ar regulating d banks or vice-versa. Pls stick 2 ur Mac FAQ & instruct banks 2 stop charging.
CIMB_Assists CIMBMalaysia
Pm let make Hadi Awang or Zahid Hamidi to become Gabenor Bnm.
I like many others had the impressions initially illustrated by BNM_official as such that I still have to pay the same installments amount but with additional 6months with Apr-Sep considered as time freeze mode.Nevertheless, a little interest still fair enough to both parties.
Ada org tak paham dulu ni.. Sapa le tu agak2 ek
hello i did read the tnc n explanation explicitly AND on top of that i contacted the manager for clarification. plus automatic moratorium n not tru application. common lah
azmin definitely said otherwise
But the Minister says you guys have poor communication skills
I believe BNM anytime over the politicians and political appointees
You also never said there were a moratorium offer, it was the Rakyat made a mistake taken Australia’s announcement as yours. Right?
Hahahahahahahaha! Central banisters :)
Im from b40 group and Im fine with that little interest. Malaysian people like to complaint and lazy to read.
Moratorium is just buying time as end of day needed to pay-Up plus accrued interests etc.,
Is it BNM_official or the govt is flip flopping? MuhyiddinYassin Can some take the responsibility AzminAli MOFmalaysia and be accountable to what has been promised to people before MCO.
So was MyMaybank lying about the HP moratorium then BNM_official ? Published 30/3/2020 - see Point 13, 14 & 15, 2nd Paragraph. As it goes, hire purchase loans with fixed interest rates are precalculated, thus you guys are making unlawful profits thru this unscrupulous change.
Menteri cakap lain, Bank cakap lain....caca marba punya kerajaan.....kalau macam ni huru haralah sistem perbankan negara
Takde persefahaman antara MOF dan BNM dulu ke sblm buat pengumuman tu? Skrg tunding menunding jari. Ke mmg nak bg rakyat npk pelangi dulu sblm kena sambar dgn petir? ⚡️
Apa nama backdoor fool tu cakap lain
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: malaymail - 🏆 1. / 86 Read more »
Source: malaysiakini - 🏆 20. / 51 Read more »