Victims' kin get loan moratorium
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The families of 54 Malaysians still missing after the Nepal floods have secured a six-month loan moratorium, providing much-needed financial relief amid uncertainty over their loved ones' whereabouts. The relief was confirmed in writing by HSBC and Public Bank following discussions with Bank Negara Malaysia. While two other banks have offered similar measures, the specifics regarding interest waivers remain unclear.
The Malaysian group Malaysia Solidarity: Families in Hope (MASFIH) has also called for comprehensive financial relief and clarification on Nepal's procedures for verifying missing persons, urging the Foreign Ministry for a meeting to address these concerns.
Brief written by urgent.news from New Straits Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
