Banks have contacted two million borrowers who may need help with loan repayments

As at Aug 28, 2020, some two million borrowers who may need help servicing their loans have been contacted by banks on the repayment of their loans, says the Finance Ministry.

“These figures will continue to rise substantially with borrowers enjoying the ease of application through the various channels provided,” he said at the Dewan Negara today in reply to Senator Datuk Razali Idris , who wanted to know the number of borrowers in the target groups, including those who have lost their jobs due to Covid-19, who have benefited from the loan moratorium extension.

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.

Two million borrowers contacted by banks on loan extension, says Finance Ministry | Malay MailKUALA LUMPUR, Sept 8 — As at August 28, 2020, some two million borrowers who may need help servicing their loans have been contacted by banks on the repayment of their loans, says the Finance Ministry. Deputy Finance Minister II Mohd Shahar Abdullah said of the 1.1 million of the borrowers who...
Source: malaymail - 🏆 1. / 86 Read more »

Banks get in touch with 2 million borrowers on loan extension | The Malaysian InsightMoratorium ends on September 30, fears that many will plunge into financial difficulties.
Source: msianinsight - 🏆 8. / 63 Read more »

No need to vilify banksLet's not endanger the banking system by throwing out good credit culture and discipline. FMTNews Moratarium
Source: fmtoday - 🏆 5. / 72 Read more »