Why some /ktards don't read properly but still can be so confident and use personal attack 1 ah?

Read Note 1. Which part you don't understand?

"Including the continued accrual of interest/profit on the amount owed during the moratorium period and higher overall payments that the borrower/customer may bear due to the extended repayment tenure."

https://www.thestar.com.my/business/busines...-for-six-months

Nowadays banks are very well capitalised and have a lot of capital conservation buffer, thanks to the lesson learned from global financial crisis.

In layman terms, it means that over the years BNM have forced banks to build up huge cash reserves which they cannot touch in normal times. But this is a crisis, so BNM now allow them to use these reserves.

Chill la. The BNM circular just came out few hours ago.

Banks also received it few hours ago only, how they formulate all these procedures? Give them some time.

Accrual of interest simply mean the charging of interest.

Basically if you take advantage of the moratorium, it means you don't have to pay the bank for 6 months. But interest will still continue to be charged, and you will end up paying slightly more to the bank.

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

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.

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.

Share price go up or down has no direct effect on the company's business or asset most of the time... Its just a reflection of investors' confidence in the company... Investor have confidence in your company, your share price flies. Investor have no confidence in your company, your share price drops.

Another layman on the street who have no idea how banking institution works.

Hello, go read up on capital conservation buffers. I already mentioned earlier. Banks have built up alot of capital reserves since global financial crisis. Now it is time to use this reserve.