Deputy Finance Minister: Banks can extend moratorium as they have sufficient buffer | TheStarTV.com

Deputy Finance Minister: Banks can extend moratorium as they have sufficient buffer

Published on 12 Aug 2020 11:53:29 AM

Deputy Finance Minister I Datuk Abdul Rahim Bakri told the Dewan Rakyat on Wednesday (Aug 12) that banks in Malaysia are able to implement the moratorium extension as they have sufficient buffer.

He said each moratorium extension decision is regulated by Bank Negara Malaysia and entails the involvement of the Association of Banks in Malaysia.

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Keywords
abdul rahim, finance ministry, jempol, parliament

Deputy Finance Minister I Datuk Abdul Rahim Bakri told the Dewan Rakyat on Wednesday (Aug 12) that banks in Malaysia are able to implement the moratorium extension as they have sufficient buffer.

He said each moratorium extension decision is regulated by Bank Negara Malaysia and entails the involvement of the Association of Banks in Malaysia.

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
abdul rahim, finance ministry, jempol, parliament

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