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Moratorium: Win-win solution between banks and borrowers

KUALA LUMPUR: The six-month moratorium on bank loan repayments announced by Prime Minister Tan Sri Muhyiddin Yassin under the National People’s Well-Being and Economic Recovery Package (Pemulih) last Monday was expected to be the most awaited news, especially by borrowers whose income is affected by the implementation of the Movement Control Order (MCO) since March last year to curb the spread of Covid-19.

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