Consider dropping accrued interest under moratorium, Tengku Zafrul tells banks

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The finance minister says he is making the suggestion after taking into account public concerns. FMTNews TengkuZafrulAziz HP

Finance Minister Tengku Zafrul Aziz says the government is always sensitive to the people’s needs.

PETALING JAYA: Finance Minister Tengku Zafrul Aziz today asked banks to consider abolishing accrued interest on hire purchase loans and fixed rate Islamic financing during the six-month moratorium on repayments announced in March.He said the ministry is ready to work with Bank Negara Malaysia and the banking sector to ensure the recommendation can be carried out, if the institutions are agreeable.

“The government is always sensitive to the people’s needs, especially those of the B40 and M40, and is concerned about this. “Given the challenging economic conditions caused by the Covid-19 outbreak, I sincerely hope that this view can be given due consideration by Bank Negara and other financial institutions in the country,” he said in a statement.

 

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nadilaj93

Common lah. As a Minister you must INSTRUCT

Lepas kena kutuk kaw kaw huhuhu

BNM IRRESPONSIBLE !! to RAKYAT but only PROFIT Concerned.

BNM IRRESPONSIBLE !! to RAKYAT but PROFIT Concerned.

Ini semua adalah kewayangan saja 🤨

Govt tk tanggung the accured interest..Atau suruh Bank menangguh interest..Pe2 pon Bank dn rakyat jadi mangsa janji PN..Janji longkang tk habe2..rakyat terbeli..

Please do the right the thing. As a top banker, you should know the peoples suffering when come to issues like servicing bank loans and the urgent need to help the commoners weather through this pandemic.

U turn here, u turn there. One day you guys will masuk longkang coz U turn tak lepas. Just instruct, no need to ask banks to consider. For a start, CIMB to waive the interest.

Wat suggestion moron. You went live into TV and said it ....

Ayoyo, FM like this ha.. U're not bankers anymore, act like a true Minister, 'lembik' la statement tu, try again

BNM Governor should quit...

So incompetent. Majulah Malaysia like that.

Menteri sarankan je? Sepatutnya menteri kena beri arahan bagi pihak kerajaan

This is not play play matters, you are not elected but take responsibilities please & u r not there to warm the seat

Wonder if ppl realised that BNM is an independent body responsible for banking & monetary policies & regulations while Finance Ministry takes care of the country's financial expenditure..

Suggestions only ?

👎🏼

LGE is better if he is still the finance minister! What say u?

Thank you.

Hopefully NpL won't effect the performance, too strict may loosed Royal customer's, 🤔

Hero!

You fuckers commenting everything also not happy. Charge interest not happy. Don’t charge interest also not happy. Who is the sohai who took the loan in the first place? Cb Malaysian mentality.

Has Zafrul asks Najib’s brother for permission? Or just wayang kulit?

Please give solid directive to bank as superseeded instruction, dont obey to their 'hunger'

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Finance minister asks banks to consider abolishing accrued interest on hire purchase loans, profits on fixed-rate Islamic financing during moratorium | Malay MailKUALA LUMPUR, May 2 — Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz today requested that financial institutions consider abolishing the accrued interest on hire purchase (HP) loans, as well as profit from their fixed-rate Islamic financing, during the six-month moratorium period on loan... They are all his “friends”.. please ask them to consider it 🙏🏻 🎭 Playing out the act. Who will end up with the Oscar❓ what a screwed up? Fix it. Don't find a scapegoat.
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