Category Archives: Article

BNM FAQs – Understanding About Moratorium For Hire Purchase Loan & Fixed Rate Islamic Financing

  With the latest announcement from Bank Negara Malaysia (BNM) and the Association of Bank in Malaysia (ABM) yesterday 30 April 2020, hire purchase loan and fixed rate islamic financing will now have an additional Interest/Profit charged after during the 6 months moratorium on all Banks starting from 1 May 2020.   Which means that […]

Adakah Anda Dilindungi? Are you Covered?

  We take care of our ourselves and our family. We even insure them because we don’t want anything to happen to them. So why is it that most people fail to apply that same level of care and concern towards themselves? Towards their loved ones? Of course, we don’t expect bad things to happen […]

Malaysia Banks Moratorium – The 6 Months Deferment For All Loans

Bank Negara Malaysia (BNM) on 24 March 2020, announced an automatic 6 months moratorium on all Bank loans starting from 1 April 2020 to assist Borrowers who are facing temporary financial difficulties due to the Covid-19 outbreak. The deferment relief package allows small and medium enterprises (SMEs) and individuals to delay their loan repayment up […]