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KUALA LUMPUR: The value of the moratorium on loan repayments by financial institutions was RM78.14 billion as of August 21, Finance Minister Tengku Zafrul Aziz said today.
Of this figure, the corporate sector used a total of RM 27.35 billion and the population of RM 50.79 billion.
The moratorium came into effect on April 1 of this year and will end on September 30, 2020.
“Banking institutions are ready to help borrowers who still need a moratorium extension and specific banking assistance after September 30.
“Those who need help can start contacting their respective banks to discuss and request more flexibility in repayments,” he said in Laksana’s 19th report on the implementation of the Prihatin Rakyat (Prihatin) Economic Stimulus Package and the National Recovery Plan. Economic (Penjana).
As of August 21, local banks approved RM10.2 billion in soft loans to 22,322 SMEs.
He said 21,000 SMEs had fully used the banks’ Special Aid Facility to save more than 400,000 jobs.
Tengku Zafrul said that 4.18 million recipients had successfully received payments credited to their bank accounts for the Bantuan Sara Hidup (BSH) under the Prihatin scheme, for a total of RM2.7 billion.
BSH recipients who qualified but whose payments could not be credited to their bank accounts have until December 31, 2020 to claim assistance at any Bank Simpanan Nasional (BSN) branch.
Appeals for BSH 2020 are open until September 6.
For the i-Lestari retirement scheme under the Employee Provident Fund (EPF), the total accumulated withdrawals between April and August was RM7.48 billion, involving 4.57 million beneficiaries.
As of August 21, a total of RM 10.3 billion had been approved under the Salary Subsidy Program, which benefited more than 2.61 million employees.
“Of this amount, a total of RM8.9 billion has been successfully disbursed,” said Tengku Zafrul.
