Author:
bicarajutawan | Category:
Housing Loan
I found this FAQ in the Bank Negara Malaysia (BNM) website. The FAQ will help you to understand more about the BBA house financing scheme implemented in Malaysia. Here are the 1st three questions
1. What is Al-Bai’ Bithaman Ajil (BBA) House Financing?
BBA House Financing is an Islamic house financing facility, which is based on the [...]
Author:
bicarajutawan | Category:
Debt Management, Housing Loan
Extending the home loan tenure by even a minimum of one year could bring more income for the banks, analysts say
BANKS will emerge the biggest winners from a proposed move to ease customers’ housing loan payments.
Banking analysts contacted yesterday said home financing is a major business for most major banks and extending the loan tenure [...]
Author:
bicarajutawan | Category:
Debt Management, Housing Loan, News
KUALA LUMPUR: Banks will soon be coming up with ways to help housing loan borrowers.
Second Finance Minister Tan Sri Nor Mohamed Yakcop said the banks welcomed the government’s suggestion that they restructure the payment plans to reduce the burden of borrowers.
Nor Mohamed said he had been informed by the banks that they would do so.
The [...]
