Bank Negara announces measures to support loan repayment deferment

Bank Negara Malaysia has announced a number of regulatory and supervisory measures in support of efforts by banking institutions to assist individuals, small and medium-sized enterprises (SMEs) and corporations to manage the impact of the Covid-19 outbreak.

These measures will allow banking institutions to remain focused on supporting the economy during these exceptional and unprecedented circumstances by providing the institutions with flexibilities to respond swiftly to the needs of their customers...