BNM announces 6-month moratorium for all bank loans except credit card balances

KUALA LUMPUR, March 24 — Bank Negara Malaysia (BNM) tonight has ordered an automatic six-month moratorium on all bank loans — except for credit card balances — for those affected by the Covid-19 outbreak. In a statement by the central bank’s deputy governor Jessica Chew, BNM said the measure was designed to ease the cash … Continue reading BNM announces 6-month moratorium for all bank loans except credit card balances