The latest loan moratorium under the RM150bil Pemulih package will not be interest free, but it would help borrowers by deferring the repayment to a later date.<br /><br />However, Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz told a virtual press briefing on Tuesday that the banks will waive the compounded interest or the interest charged on interest accrued during the six-month moratorium period, as well as any penalty charges.<br /><br />He said the method of repayment is between the borrowers and the banks.<br /><br />Read more at https://bit.ly/3dqeGVJ<br /><br />WATCH MORE: https://thestartv.com/c/news<br />SUBSCRIBE: https://cutt.ly/TheStar<br />LIKE: https://fb.com/TheStarOnline
