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buy apple account:Blanket loan moratorium not the best idea, says Bank Negara governor

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Bank Negara says 1.4 million Malaysians have applied for repayment assistance, with the approval rate at 95%, adding that about 45% of borrowers are opting for a reduction in monthly instalments. – The Malaysian Insight file pic, February 11, 2021. AN automatic moratorium on loans will not be in the best interest of the economy and the people, said Bank Negara Malaysia governor Nor Shamsiah Mohd Yunus.“Firstly, it will erode banks’ buffers and make it difficult for individuals and businesses to obtain new loans.
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