Targeted moratorium helps borrowers, banks, say analysts

Ragananthini Vethasalam

Analysts agree that the targeted loan moratorium to be a win-win situation as borrowers in need are able to get temporary relief while banks can improve earnings. – The Malaysian Insight file pic, July 30, 2020.

THE targeted loan moratorium extension and flexible repayment facility will not only help borrowers in need of assistance, but will allow the banking sector to carry out its business, said analysts.

AmBank Group chief economist Anthony Dass said the targeted approach is a better way to help the public than a blanket moratorium as it will ensure that it only benefits borrowers who are in need while others can continue servicing their debt.

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