Tag: NPL for Malaysia increasing and on low side
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Problem. Some have started to stop paying their loans. Amount is RM27.86 billion.
What is Non-Performing Loan? (NPL) These are the loans which the borrowers have not been paying for 6 months or more. BNM’s link here for reference. For example, our mortgage is due but we do not have the money to pay for it. We could choose not to, the banks will send a reminder and…