Not All Borrowers Want A Blanket Moratorium Says Bnm Governor


 
Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus has maintained that a targeted approach is better than a blanket moratorium as it puts the choice of payment in the borrower’s hands.PETALING JAYA: Bank Negara Malaysia (BNM) governor Nor Shamsiah Mohd Yunus says not all borrowers are asking for a blanket loan moratorium, based on the assistance they are choosing under the current repayment assistance offered.
In a press conference with the Statistics Department today, Nor Shamsiah said 1.4 million borrowers have applied for repayment assistance with their banks as at Dec 31 with a 95% approval rate.
She highlighted that only 55% of borrowers had chosen an extension of the moratorium, with the remaining 45% opting for a reduction in monthly instalments.
She added that this could even be observed for households and borrowers in lower-income segments, including the B40.
“This shows that borrowers are not asking for a blanket moratorium. They don’t want a one-size-fits-all solution.
“They want tailored assistance that meets their financial circumstances.”
Nor Shamsiah maintained that a blanket loan moratorium, advocated by many opposition and even government MPs, was not in the best interests of the people and the economy, saying it was a “fallacy” to think that only a moratorium would help the economy.
She said a blanket moratorium would erode bank buffers while making banks more risk-averse, rendering it more difficult for individuals and businesses to obtain new loans.
She added that the banks’ soundness and profitability was important for millions of Malaysians, as many are depositors and shareholders.
“A targeted approach is better than a blanket moratorium as it puts the choice in the borrower’s hands to make their own financial decisions. It’s important for them to make informed decisions based on their own financial conditions.
“Help continues to be available for those in need of repayment assistance, while those who can afford to repay their loans should do so.”
Nor Shamsiah said with the global economy set to recover this year, this was expected to also lead to more foreign investments being channelled to Malaysia.
“What is key for Malaysia is to remain steadfast with reforms to improve the investment ecosystem in order to attract quality investments that would create high-value jobs for Malaysians.” - FMT


Artikel ini hanyalah simpanan cache dari url asal penulis yang berkebarangkalian sudah terlalu lama atau sudah dibuang :

http://feedproxy.google.com/~r/MalaysiansMustKnowTheTruth/~3/LUNl2flkrWE/not-all-borrowers-want-blanket.html

Kempen Promosi dan Iklan
Kami memerlukan jasa baik anda untuk menyokong kempen pengiklanan dalam website kami. Serba sedikit anda telah membantu kami untuk mengekalkan servis percuma aggregating ini kepada semua.

Anda juga boleh memberikan sumbangan anda kepada kami dengan menghubungi kami di sini
We Have Not Failed In Managing Covid 19 Fight Says Ismail Sabri

We Have Not Failed In Managing Covid 19 Fight Says Ismail Sabri

papar berkaitan - pada 5/2/2021 - jumlah : 224 hits
Ismail Sabri Yaakob says the health ministry and National Security Council have outlined 15 strategic plans to combat the pandemic KUALA LUMPUR Malaysia has not failed in managing the Covid 19 pandemic senior minister for security Ismail Sa...
Wan Azizah Could Not Be Interim Pm Because Pakatan Govt Had Already Collapsed Says Dr M

Wan Azizah Could Not Be Interim Pm Because Pakatan Govt Had Already Collapsed Says Dr M

papar berkaitan - pada 4/2/2021 - jumlah : 259 hits
PUTRAJAYA Datuk Seri Dr Wan Azizah Wan Ismail could not be acting Prime Minister or interim Prime Minister because the Pakatan Harapan government had already collapsed says Tun Dr Mahathir Mohamad The former prime minister said this in resp...
With Nod To Dictator Label Dr Mahathir Says Would Have Lost Pm Post In 2020 But Chose To Resign To Not Outstay Welcome

With Nod To Dictator Label Dr Mahathir Says Would Have Lost Pm Post In 2020 But Chose To Resign To Not Outstay Welcome

papar berkaitan - pada 4/2/2021 - jumlah : 250 hits
Tun Dr Mahathir Mohamad acknowledged that he had long been perceived to be a dictator but said he was not one to stay beyond the period he would be welcome to do so Picture by Yusof Mat IsaKUALA LUMPUR Feb 3 Tun Dr Mahathir Mohamad today sa...
Ag Idrus Harun Seeks To Boost Staff S Morale In Leaked Memo Says Not Swayed By Tommy Thomas Remarks

Ag Idrus Harun Seeks To Boost Staff S Morale In Leaked Memo Says Not Swayed By Tommy Thomas Remarks

papar berkaitan - pada 5/2/2021 - jumlah : 226 hits
Yang di Pertuan Agong Al Sultan Abdullah Ri ayatuddin Al Mustafa Billah Shah today granted an audience to the new Attorney General Tan Sri Idrus Harun at Istana Negara in this file picture taken on March 12 2020 Picture via Instagram Istana...
It Was Mahathir Not Muhyiddin Says Kit Siang

It Was Mahathir Not Muhyiddin Says Kit Siang

papar berkaitan - pada 5/2/2021 - jumlah : 219 hits
And the reason why Mahathir collapsed the government and would rather see Muhyiddin take over as PM8 is because he did not want Anwar Ibrahim to take over as PM8 Pakatan Harapan wanted to oust Mahathir and replace him with Anwar That is why...
Thomas Memoir A Tragedy Of Generalisation But Does Not Warrant Ban Says Anwar

Thomas Memoir A Tragedy Of Generalisation But Does Not Warrant Ban Says Anwar

papar berkaitan - pada 10/2/2021 - jumlah : 305 hits
PETALING JAYA The controversial memoir by Tan Sri Tommy Thomas is a tragedy of generalisation but it should not be banned as it is the former attorney general s right to exercise his freedom of expression says Opposition leader Datuk Seri A...
Ministers Not Working And Govt Not Functioning Says Dr M

Ministers Not Working And Govt Not Functioning Says Dr M

papar berkaitan - pada 9/2/2021 - jumlah : 172 hits
The current crop of government ministers are not doing work and have little understanding of what the people and the country need says former prime minister Dr Mahathir Mohamad In the second part of a special sit down interview with FMT Mah...
Donald Trump Should Not Get Us Intel Briefings Joe Biden Says

Donald Trump Should Not Get Us Intel Briefings Joe Biden Says

papar berkaitan - pada 7/2/2021 - jumlah : 177 hits
Donald Trump should not continue to receive intelligence briefings normally available to former presidents because of his erratic behaviour President Joe Biden said in a US media interview I just think that there is no need for him to have ...
Mco Will Not Reduce Covid 19 Cases Says Ex Deputy Health Minister

Mco Will Not Reduce Covid 19 Cases Says Ex Deputy Health Minister

papar berkaitan - pada 3/2/2021 - jumlah : 220 hits
Dr Lee Boon Chye fears any gains made due to travel restrictions will be lost when such restrictions are lifted PETALING JAYA The extension of the movement control order to Feb 18 will not make a difference unless proper measures are put in...
Rasa Masakan Korea Soondubu Jigae Beef Di Dubuyo

China S President To Host Official Dinner For Anwar

Drama One Cent Thief 2 Lakonan Syafiq Kyle Azira Shafinaz

I Bought A Toy Like Vape Online Mp Tells Dewan Chamber

Tip Mudah Santan Berketul Jadi Elok Semula Letak Sehelai Daun Ini Saja

Unlocking Savings Expert Tips For Finding Discounted Cigarettes In Australia

India Secebis Kenangan Di India Random Photos

Kips Bay Decorator Show House Dallas 2024 An Exquisite Showcase Of Design


echo '';
Biodata Terkini Penyanyi Illa Sabry Peserta Gegar Vaganza 2024 Musim 11 GV11

Info Dan Sinopsis Drama Berepisod Senyawa iQIYI Malaysia

Info Dan Sinopsis Drama Berepisod Project Projek Exit Astro Originals

Pelajari Asal Usul Nama Makhluk Seram Kisah Fiksyen Barat Yang Terkenal

10 Fakta Filem Kahar Kapla High Council Yang Ramai Tak Tahu Prekuel Drama Project Projek High Council


Kisah Care Giver

Building Dreams One Brick At A Time Legoland Malaysia Resort Welcomes Malaysia S First Master Model Builder

Pilih Minyak Wangi Ikut Personaliti Korang

Kalendar Kuda 2025 Malaysia

Makan Yong Tau Foo Taiping

Layanan Samsat Batam Centre Kemudahan Dan Kecepatan Dalam Pelayanan Pajak Kendaraan