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Blanket loan moratorium not the best solution, says Bank Negara

2021-05-11 570 Dailymotion

Bank Negara Malaysia has said that a blanket loan moratorium may not be the best solution for borrowers as a nationwide movement control order (MCO) returns. <br /><br />Governor Nor Shamsiah Mohd Yunus said borrowers should instead approach banks to help them meet their debt obligations.<br /><br />She said all banks already have their payment assistance plans, including targeted loan moratoriums.

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