
Loan repayment moratorium valued at RM51.4bln as of July 6
Finance minister says RM17.9 billion was utilised by the business sector while RM33.38 billion was utilised by the public.


'There is no point driving anyone into bankruptcy which could worsen the recession,' says Guan Eng.

Its group CEO says they are moving towards targeted assistance as the loan moratorium period ends.

The government wants to listen to people, businesses, and banks.

During the six-month loan moratorium, the bank refrained from collecting about RM1 billion every month.

Finance Ministry has engaged BNM, banks to make 'correct decision according to needs of rakyat', he says.


The hashtag #BankerJagaBanker is trending on Twitter to protest Bank Negara's move to change the procedure for the moratorium.

The moratorium was meant to ease the people's burden as a result of the economic crunch due to the MCO and coronavirus pandemic.