PETALING JAYA: Bank Negara, in a series of studies and tests to assess the financial health of borrowers, has outlined three scenarios that would impact a borrower’s debt-repayment capacity.
Calling these “stressed” scenarios that would put “debt at risk”, the central bank said these included a drop in income, rise in the cost of living and borrowing costs.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!