Q: If a corporate opts in for a loan or financing payment deferment package, would it still be able to get new financing from FIs?
Yes. The credit decisions of FIs are subject to their respective internal credit policies and assessment.
Q: As a corporate, what would be the criteria to opt-in?
Corporate borrowers/customers should refer to their FIs for the deferment and rescheduling/restructuring of their loans/financing. The criteria are subject to each FI’s internal credit policies and assessment. In addition, these loans/financing must meet this criteria:
- not in arrears exceeding 90 days as at 1 April 2020; and
- denominated in Malaysian ringgit.