Another bs from useless Minister when the fact it is deferred interest which has to be after moratorium and how on earth is the interests is compounded because it has to be lumped to be paid later

Banks makes money from interest otherwise how to keep paying bankers on the job

A better plan would deferred interest to be to divided equally based remaining loan period instead

Typical corporate politicians which is why he got chosen for the job

2021 has not even end with EMCO what makes you 2022 will be another EMCO

Btw EMCO is just one man greed to stay in power prolongly till 2023 hence never ending thanks to useless DG as well

I think you are delusional as RHB will add in the interest in your principal while prolonging your loan period hence at the end you are still paying added interest with loan period hence it is compounded with your principal added which gives you added interest instead

All banks are following BNM guidelines it is just whether the principal and interest are different but it works out the same end of the day minus a few dollars due to rounding

The interest is still accruing but deferred to be paid upon moratorium period ends

Hence moratorium is only to seize interest to be paid but defer interest to be accrued in the future instead

Then whenever you accrued does it been hit with interest again when it ends?

Because that’s where the banks actually more money but they complicitly silent about it and wishing it was automatic instead