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They can do it now? – Najib

“They can do it now under the new government,” Datuk Seri Najib Razak said after the Ministry of Finance (MoF) instructed financial institutions to work on waiving interest immediately for all bank loan moratorium recipients.

All banks record profit, moratorium can be extended – Najib

With RM31.15 billion of profit recorded by the banking institutions in Malaysia last year, the banks can still afford to extend the loan moratorium automatically in bulk for another 6 months without interest