Banks to waive compounded interest, penalty charges over moratorium

PUTRAJAYA: Banks will waive the compounded interest and penalty charges incurred during the six-month loan moratorium under the National People’s Well-Being and Economic Recovery Package (Pemulih), said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. He said the government had raised the matter with the banks during their meeting recently and they had agreed to […]