EconPulse Markets. Economy. Malaysia & The World. Sat, 19 Sep 2026
Malaysia

14 banks start offering ‘reducing balance’ method for HP loans

14 banks start offering ‘reducing balance’ method for HP loans
Image: Free Malaysia Today Business

Summary

Minister says 80% of 429 hire-purchase providers are also transitioning from the old flat-rate and the Rule of 78 calculation methods.

Source & full coverage: this summary is aggregated from Free Malaysia Today Business, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at Free Malaysia Today Business →