KUALA LUMPUR, June 30 — Malaysian banks have shown a willingness to extend help to struggling borrowers and micro and small businesses still reeling from the effects of the...
KUALA LUMPUR, June 30 — Malaysian banks have shown a willingness to extend help to struggling borrowers and micro and small businesses still reeling from the effects of the Covid-19 pandemic, Prime Minister Datuk Seri Anwar Ibrahim said today after a meeting between the industry and the Ministry of Finance was held on Wednesday.
Among the issues discussed were the government's carbon-zero ambition and financial pressure on struggling businesses. “The government has advised banks to extend its loan repayment assistance to individuals and SMEs in need of it, including loan repayment rescheduling or restructuring."
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