Finance Ministry urges banks to reverse decision on accrued interest, profit | New Straits Times

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NSTnation Finance Ministry urges banks to reverse decision on accrued interest, profit MCO Covid19

 

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Incompetent fool.

Penyanyi utama Najib - boss dia rakyat ke Keluarfa Najib?

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Finance Minister urges banks to waive accrued interest during HP loan moratorium periodKUALA LUMPUR: Finance Minister Tengku Datuk Seri Zafrul Aziz has suggested that accrued interest or profit imposed by financial institutions on hire purchase customers be waived during the six-month moratorium period. Masa umum pakej takde buat kajian? Apa benda la depa nih?!! Urge or Beg ? This is what happens when you tzafrul_aziz open your mouth without consulting the banking industry or BNM_official first And now you lay blame on BNM_official for your screwups You created this mess. You sort it out.
Source: staronline - 🏆 4. / 75 Read more »

Maconas urges BNM to reverse decision on hire-purchase loans | New Straits TimesKUALA LUMPUR: The Malaysian Consumers Association (Maconas) has urged Bank Negara Malaysia (BNM) to reconsider reversing its decision that all Hire Purchase loans and fixed rate Islamic Financing loan would face additional interest charges once the moratorium of 6 months expires. During the banks’ bad days, have the people chipped in to help? “They are rich, they can fend for themselves.” As if being poor is a privilege. Of course, we are oversimplifying things here. These organisations just like to hear themselves talk.
Source: NST_Online - 🏆 17. / 53 Read more »

Zafrul urges banks to forgo interest accrued under moratoriumFinance Ministry has engaged BNM, banks to make 'correct decision according to needs of rakyat', he says. tzafrul_aziz BUAT MALU LA AWAK NI The right word is Zafrul instruct the banks not to charge interest accrued under monotorium. Why you need to urge the banks when you're the finance minister? Do you govern this goverment or the banks govern you? I hv the urge too.. nak gi jamban arrhh
Source: malaysiakini - 🏆 20. / 51 Read more »

Hire purchase moratorium interest rate cannot be higher than original contract - BNMThe central bank says it had indicated from the start that there will be accrued interest or profit during the six-month moratorium. For the benefit of the laymen, why don't BNM come up with a hypothetical table showing a range of loan amounts / interest rates / tenures and the INTEREST AMOUNT accrued. If the amounts are 'not that high', people might just accept it.
Source: malaysiakini - 🏆 20. / 51 Read more »

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.
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 »