So far, there has been no news of another blanket loan moratorium. There have been, however, views on the need for another blanket loan moratorium, similar to the one introduced during the first MCO. What are the legal provisions that Bank Negara can leverage in the event of resistance from the banking domain if another blanket loan moratorium is introduced? During the first blanket loan moratorium (April to September 2020), the net was cast wider than it should have been. Eligible SMEs may get a three-month loan moratorium or 50% reduction of loan instalment for six months.

Source: The Edge Markets June 25, 2021 03:33 UTC