Loan moratorium to cost banking sector RM6.4 billion | The Malaysian Insight

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Loan moratorium to cost banking sector RM6.4 billion | The Malaysian Insight
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Loan moratorium to cost banking sector RM6.4 billion

For each month the loan moratorium is in force, the banking sector loses RM1.06 billion. – AFP pic, July 27, 2020.

THE banking sector will rack up RM6.4 billion losses as a result of the six-month moratorium on loans, which ends in September, said Finance Minister Tengku Zafrul Tengku Abdul Aziz. Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

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