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Finance Minister: Banks will suffer losses of RM6.4b in total over loan moratorium | Malay MailKUALA LUMPUR, July 27 — Malaysia’s banks suffered losses of RM1.06 billion monthly, owing to the six-months loan moratorium period, Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz said today. Tengku Zafrul told Parliament that collectively, banks will suffer a loss of RM6.4 billion...
Source: malaymail - 🏆 1. / 86 Read more »
Finance Minister: Banks will suffer losses of RM6.4b in total over loan moratorium | Malay MailKUALA LUMPUR, July 27 — Malaysia’s banks suffered losses of RM1.06 billion monthly, owing to the six-months loan moratorium period, Finance Minister Datuk Seri Tengku Zafrul Tengku Abdul Aziz said today. Tengku Zafrul told Parliament that collectively, banks will suffer a loss of RM6.4 billion...
Source: malaymail - 🏆 1. / 86 Read more »
Loan moratorium to cost banking sector RM6.4 billion | The Malaysian InsightCalculation based on accounting standards, finance minister tells predecessor.
Source: msianinsight - 🏆 8. / 63 Read more »