No need to pay ur loans for 6 months and no accrued interest whatsoever

Means u pay 3k for ur car now. U can stop paying for 6 months and 6 months later continue paying again

Same goes for housing loan and personal loan

Its automatic blanket moratorium

No u dont have to prove u were affected, because covid affected everybody as there was a 2 week lockdown which affect everyone regardless u are infected or not

And this lockdown might be even extended

So its as simple as that.

Oh credit card not included ya

“However, a footnote at the letter pointed out that there will still be an accrual of interest.”

Ktards so naive  self-declare no need pay interest .... lol

Some more self- declare bank stocks go down and construction stocks go up cos no need pay interest .... so naive...

Nothing is free in this world ....read properly

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?

ill intent question obviously .

there is no 2 side of an argument if you want to look at the big picture.
only a heartless capitalist would care about banking stock.

but if they can survive US meltdown, they can celebrate this good policy from BNM