Use of EPF savings as collateral for loans does not violate act — PM Anwar
IPOH, March 11 — The method of allowing contributors to use the funds in the Employees Provident Fund (EPF) as collateral for bank loans does...
Govt mulls allowing EPF members to use savings as collateral for bank loans — PM Anwar
KUALA LUMPUR, March 9 — The government is proposing to introduce a scheme which allows Employees Provident Fund (EPF) contributors to apply for bank loans...
Half of household loan accounts unaffected by OPR hike
KUALA LUMPUR, March 6 — A total of 50.3 per cent or 6.4 million accounts of the total loan accounts in the household sector are...
Gradual increase in OPR does not cause significant impact, says deputy finance minister
KUALA LUMPUR, Aug 9 — The gradual increase in the Overnight Policy Rate (OPR) will not cause a significant impact, said Deputy Finance Minister 1...
Malaysia’s banking system remains well capitalised to support economic recovery — BNM
KUALA LUMPUR, June 30 — Malaysia’s banking system remains well capitalised to support economic recovery, said Bank Negara Malaysia (BNM). The central bank said capital...
Housing market activity improves heading into 2022 although number of unsold houses remains high — BNM
KUALA LUMPUR, March 30 — Some improvements in housing market activity are visible heading into 2022, although the number of unsold houses remained high at...
More than 600 Hijrah entrepreneurs rescheduled their loans
By Mustakim Ramli SHAH ALAM, Sept 22 — A total of 663 entrepreneurs under Yayasan Hijrah Selangor (Hijrah) who faced problems in making repayment have...
Hijrah to expedite loan approval process to five days
By Mustakim Ramli AMPANG, April 23 — The loan approval process for Yayasan Hijrah Selangor (Hijrah) business capital loans will be expedited to five working...
Hijrah Selangor channelled RM554.54 mln in loans to SMEs — MB
SHAH ALAM, March 30 — Hijrah Selangor has channelled RM554.54 million through 70,752 loans to small and medium enterprises (SME) in Selangor since its establishment...
Deferment on repayment of PTPK loans extended until March 31
PUTRAJAYA, Jan 20 — The Human Resources Ministry (KSM) has agreed to extend deferment on repayment of Skills Development Fund Corporation (PTPK) loans to eligible...
Banking system’s asset quality remains healthy — BNM
KUALA LUMPUR, Nov 30 — The banking system’s asset quality remains healthy post-blanket loan moratorium, said Bank Negara Malaysia (BNM). It said overall gross impaired...
Measures to support households provide financial relief, but elevated debt still at risk
KUALA LUMPUR, April 3 — Measures introduced by the Federal government and Bank Negara Malaysia (BNM) in response to the Covid-19 pandemic is expected to...