`


THERE IS NO GOD EXCEPT ALLAH
read:
MALAYSIA Tanah Tumpah Darahku

LOVE MALAYSIA!!!


Friday, May 1, 2020

Azalina takes jab at Zafrul over procedural change in loan moratorium

Malaysiakini

Former de facto law minister Azalina Othman Said has taken a jab at Finance Minister Tengku Zafrul Tengku Abdul Aziz over the latest change in procedure for the six-month loan moratorium for hire purchase (HP) agreement and fixed-rate Islamic financing.
Taking to Twitter last night, Azalina (above) said: "This is (what happens) when the finance minister is not a people's representative but a representative of the bank?"
She was responding to an article by personal finance website Ringgitplus which reported that borrowers of HP and fixed-rate Islamic financing repayments need to sign additional documentation which opens the door for banks to charge additional interest.
Tengku Zafrul, who is the former CIMB Group Holdings Bhd chief executive officer, was roped in by Prime Minister Muhyiddin Yassin to become the finance minister on March 9.
On March 25, Muhyiddin announced a six-month moratorium on loan repayments and the restructuring of outstanding credit card balances involving about RM100 billion starting April 1.
On the same day, Bank Negara Malaysia (BNM) also announced "automatic" moratoria on all loan and financing repayments.
Last night, BNM said additional documentation would be required to defer HP and fixed-rate Islamic financing repayments.
BNM clarified that borrowers of these two types of loans will “not need to apply” for the deferment but will need to “complete the documentation required to give legal effect on the moratorium”.
Starting today, borrowers of both loans will receive a notification via SMS, email or registered mail from their banking institutions on the necessary steps that they need to take to complete the process of deferring their loan or financing payments under the moratorium.
Borrowers who do not wish to take up the moratorium can still choose to do so at this time by informing their banking institutions and resume their scheduled payments based on the terms of their existing agreements, it explained. - Mkini

5 comments:


  1. Do you need Personal Loan?
    Business Cash Loan?
    Unsecured Loan
    Fast and Simple Loan?
    Quick Application Process?
    Approvals within 24-72 Hours?
    No Hidden Fees Loan?
    Funding in less than 1 Week?
    Get unsecured working capital?
    Email:perfectfinancialcredite@gmail.com
    Application Form:
    =================
    Full Name:................
    Loan Amount Needed:.
    Purpose of loan:.......
    Loan Duration:..
    Gender:.............
    Marital status:....
    Location:..........
    Home Address:..
    City:............
    Country:......
    Phone:..........
    Mobile / Cell:....
    Occupation:......
    Monthly Income:....
    where did you hear about us ;
    perfectfinancialcredite@gmail.com

    ReplyDelete
  2. I am really happy that i have been cured from (HERPES SIMPLEX VIRUS) with the herbal medicine of Dr Aire , i have been suffering from this disease for the past 3 years and 4 mouth without solution until i came across the email of this doctor who have cure so many people with his herbal medicine, i also choose to give him a chance to help me and my husband, he told me what to do and i kindly did it, and he gave us his herbal medicine and direct me on how to use it, i also follow his instructions for use and he ask us to go for a check up after 1 week and 5days which i did, to my greatest surprise our result came out as negative, we are really happy that there is someone like this doctor who is ready to help anytime any day. To all the readers and viewers that is doubting this testimony stop doubting it and contact this doctor if you really have one and see if he will not actually help you. i am not a stupid woman that i will come out to the public and start saying what someone have not done for me and i know that there are some people out there who are really suffering and hurting their family just because of these diseases so you can to mail him on drairehome@gmail.com or WHATSAPP +2347036740271 he also told me that he has cure for these diseases listed below .
    HERPES SIMPLEX VIRUS.
    .DIABETES .
    CANCER
    .HEPATITIS
    .HIV/AIDS
    Thank you for your time  

    ReplyDelete
  3. We are independent company Offering Loan at a cheapest interest(2%). We guarantee any kind of Loan, Government finance Project and Investor Project. etc If you are interested Kindly get back to me for more information via Email: collinsguzmanfundings@gmail.com

    ReplyDelete
  4. Are you in financial crisis, looking for money to start your own business or to pay your bills? I got mine from Him. My blank ATM card can withdraw € 2,000 daily. I got it from Her last week and now I have €14,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it, it is not traceable and now i have money for business and enough money for me and my family to live on . *email: int.hackers002@gmail.com

    GET YOUR BLANK ATM CREDIT CARD AT AFFORDABLE PRICE
    *He sell this cards to all our customers and interested buyers worldwide,the card has a daily withdrawal limit of $5000 and up to $50,000 spending limit in stores and unlimited on POS.*

    *email: int.hackers002@gmail.com

    *you can also call or whatsapp us Contact us today for more enlightenment
    +1(301) 329-5298

    ReplyDelete
  5. DO YOU NEED A LOAN?
    We give out loans with an affordable interest rate of 3%
    Captain One provide Excellent and Professional Financial Services and we are known and genuine money lenders across the globe
    Our services include the following:
    *Student Loans
    Truck Loan
    Personal Loan
    Debt consolidation loan
    Car Loans
    Business Loan
    Student Loan
    Mortgage Loan
    Refinancing Loan
    Home Loan
    Improvement loan
    Construction Loan
    Please write back if interested with our interest rate:Kindly contact us via:abdullahonlinefinance@gmail.com

    ReplyDelete

Note: Only a member of this blog may post a comment.