BNM reviewing need to replace Regulation 78 on loan interest rates

BNM reviewing need to replace Regulation 78 on loan interest rates

BALIK PULAU: Bank Negara Malaysia (BNM) is still reviewing whether to replace Regulation 78, which governs the calculation of loan interest rates. On the government's readiness to replace Regulation 78, Finance Minister II Datuk Seri Amir Hamzah Azizan said the matter was still under consideration. "It is still being reviewed by Bank Negara. "We trust they will study the implications carefully before any changes," he said during a working visit …