So bank stock will gg for their coming gg? as the loan principal and interest is granted delay ?

only if you are directly affected

1. fired/terminated
2. unable to drive grabcar no income etc
3. etc...

abang, interest and principal
you think bank no need cash flow ah?

only if you are directly affected

1. fired/terminated
2. unable to drive grabcar no income etc
3. etc...

"Automatic" should apply to all la. If affected people need to apply, it's not automatic anymore.

Where does it say that proof is required ?

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

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

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

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.

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.

so actually bursa share price for bank nose down will not affect the bank directly la

but the same can't be said for other business say like maxis

if maxis share nose down their aset/cash and business also down?

but during us suprime crisis got bank bankrap kan like lehman brother kaitu

ermm
if take the moratorium for my mortgage loan, later next year cannot deduct interest from rental income, so kena pay more tax

haha so following your logic, anyone who profit from this pandemic and recession is heartless?

bukan apa sometimes i feel like bodo when i read

dow jones down

billions wiped from apple stock values

this loss go to where?

If this really automatic, imagine the day that you can fork out extra 500 from EPF and no need to pay mortgage/car loan/ptptn

Suddenly become rich fag, raya summore, everyone drink starbucks like water. Even for that 6 month.

Your logic doesn't apply. i don't want to say it, but it turns out that I am right and you are wrong. Now please respect each other, we are just discussing. I am not asking for your apology, but stoip being such a tightass about this whole thing.

Source: https://www.bnm.gov.my/documents/2020/FAQs_...%20Measures.pdf

Where got free lunch?

I am more interested to know if I can continue to service my loans.

I think they opt to do this for all because current BLR also low, once the period over and economy gooding, they revise the BLR. That time, your loan got extended already so, will need to use new BLR.