so if i understand correctly, every loan can be suspended up to 6 month including interest but need to pay interest during suspended time. this will not include cc

me noob economy and bursa here

why share price of bank terjun lombong it affect the bank badly

sedangkan aset or duit bank tak hilang pun

No. You don't need to pay interest during the 6 month moratorium. But it will add to your principal

Thank you. Is this applicable to car loan?

No understand... suspend loan including interest.. then need to pay interest.. which means?

so you meaning to say this 6 month moratorium will not affect the bank's profitability materially?

let say house loan. there are half interest n half principal. during 6 month everything can be suspended. let say during normal time, u delay u need to pay penalty. that penalty become part of principal for this case?

if you want to buy stock, you would buy when US market crash.

or you can even buy tomorrow IF the market reacts to this negatively.

ask yourself, will people be happy with this policy?

inbe4 if people bankrupt then bank can make even more money :x

inbe4 this is why ahlong never kill debtor, siapa nak bayar?

like this also dont understand, dont bullshit talk about stock market la, want to show us your portfolio?

Imagine you got several house that you havent finish paying their loan. You rent out these houses to people and collect rent.

Suddenly government issue order saying people affected by Covid 19 can delay their rent for 6 months but you must continue paying your loan for your houses and you have several renters affected by covid.

Long term no effect, but short term maybe huge effect. But unless this spread continues uncontrolled, its not THAT huge of an effect.

need to charge, means you pay more after that la.

not asking you to pay INTEREST ONLY during that 6 months.


6 months NO NEED to pay at all.


SURVIVE That 6 months first.

This is not "normal time". You can get free delay for 6 months and not be slapped with any penalty.

However, interest will still continue to accumulate on the outstanding amount.

it is actually positive, but for people that have 5% knowledge, they see bank profit suffering.

but people that look at the ECONOMY, it is a positive thing.

bad debt is an even worse nightmare for bank, comparing with 6 months DELAYED profit.

long term its positive, short term is nothing ( comparing with US Market meltdown )

I heard they do this because gomen will do full lockdown for 2 months minimum or 6 months the longest. Not sure true or not.

lol am asking a simple question, why you triggered? There's two sides to the argument here. We'll see how the banking stocks will react to this tmr.

Jgn plak penyewa rumah tanak byr Sewa plak... Aku byr Bank.. Ko hutang dgn org.. Bukan Bank... Sialan penyewa ambik kesempatan WhatsApp nk delay byr Sewa... Masak la ko nk bayar hutang 6 bulan dgn aku nanti.

that is pretty bad if loan still early stage. but hey, if its helping someone then okay

Accrued interest meaning

Apr : RM100 interest
May : RM100 interest
Jun : RM100 interest
Jul : RM100 interest
Aug : RM100 interest
Sep : RM100 interest

October : Pay Apr principal + Apr to Sep interest + Oct principal & interest

or

October : Pay Apr to Oct principal + Apr to Oct interest

or

October : Pay Apr principal + Apr interest

Apa mcm?

Bank restructure the payment amount or pay accrued interest at the end of the term?

Can't wait to see what happens too.

In theory, giving the moratorium is supposed to help more borrowers to ultimately be able to repay their loan and thus improve bank profitability. In addition, allowing banks to dip into their capital buffer should be a positive because they have additional capital to utilise now. In a perfect market bank shares should rally...

But the market is in panic mode now. Nobody can predict what the market will do tomorrow.

Lets see..

You can opt to continue monthly payment if you want avoid interest. But in my opinion, you won't save much also since interest rate now so low. Might as well just take advantage of the moratorium. Let the bank charge the interest and maintain your cash balance.

Moratorium is meant for people who are really, really tight with cash flow.