Loan interest rates to remain at current levels, says Nga | TheStarTV.com

Loan interest rates to remain at current levels, says Nga

Published on 27 Feb 2023 3:22:17 PM

There are no plans to increase the interest rate for credit community loan facilities or for loans from licensed money lenders, said Local Government Development Minister Nga Kor Ming at the Dewan Rakyat on Monday (Feb 27).

He said the interest rates for such loans – 12% for mortgage loans while 18% for non-mortgage loans – were among the lowest offered in the region.

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Keywords
news, loan interest rate, maintained, nga kor ming, credit company, dewan rakyat, parliament, parlimen, malaysia

There are no plans to increase the interest rate for credit community loan facilities or for loans from licensed money lenders, said Local Government Development Minister Nga Kor Ming at the Dewan Rakyat on Monday (Feb 27).

He said the interest rates for such loans – 12% for mortgage loans while 18% for non-mortgage loans – were among the lowest offered in the region.

Read more at https://bit.ly/3ZpNgFa

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline

Keywords:
news, loan interest rate, maintained, nga kor ming, credit company, dewan rakyat, parliament, parlimen, malaysia

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