Banks halt loan demands for families of 54 missing Malaysians in Nepal floods

Published on 12 Oct 2026 5:31:09 PM

Malaysian banks have agreed in principle to halt loan repayment demands from the families of 54 Malaysians missing after devastating August floods in Nepal, according to advocacy group Malaysia Solidarity: Families in Hope (MASFIH).

Following a constructive meeting with Bank Negara Malaysia (BNM), insurers, and financial institutions, MASFIH spokesperson Dr Manivannan Rethinam, in a press conference after the meeting on Monday (Oct 12), said banks will begin contacting affected families by Oct 16, with arrangements set for review within two weeks.

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news, thestartv, the star, banks, loan repayment, missing malaysians, nepal floods, masfih, press conference, statement

Keywords:
news, thestartv, the star, banks, loan repayment, missing malaysians, nepal floods, masfih, press conference, statement