Tag Archives: non compounding

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 […]