Maybank offers convenient channels to opt in for six-month moratorium
The bank has requested the customers to apply for the plan via the Maybank2u COVID-19 Repayment Assistance page.
Wed Jul 07 2021
Tengku Zafrul: PEMULIH moratorium estimated at RM80 bln, Malaysia only country implementing it for second time
The six-month moratorium offered through PEMULIH is estimated to bring relief of up to RM80 billion to individual and business borrowers.
Thu Jul 01 2021
Banks to offer six-month moratorium from July 7, say ABM, AIBIM
The Association of Banks in Malaysia (ABM) and Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) member banks will be offering a six-month moratorium from July 7.
Tue Jun 29 2021
Unconditional moratorium will be given to all individual borrowers, micro-entrepreneurs - PM
A six-month moratorium will be given to all individual borrowers whether they are from the B40, M40 or T20 groups, or micro-entrepreneurs.
Mon Jun 28 2021
Moratorium: Borrowers need to inform banks on consent - Tengku Zafrul
Although the moratorium is automatic starting April 1, the borrowers' consent is still legally required.
Fri May 08 2020
No additional charges to be imposed on repayments for hire-purchase loans - MOF
No additional interest/profit charges will be imposed on borrowers with conventional hire-purchase loans or Islamic fixed-rate financing during the six-month moratorium period.
Wed May 06 2020
Moratorium: Hire purchase customers have repayment options
Hire purchase customers who choose to take up the six-month moratorium from April 1 to Sept 30, 2020 will have an option in terms of repayment, says the Association of Banks in Malaysia (ABM).
Thu Apr 30 2020