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Property lending rule from 1997 is still relevant, says Bank Negara

Mimi Sabreena 7:42:00 PM Informasi

KUALA LUMPUR (OCT 3): Investment banks (IB) should not take a short-term view on a property lending guideline, introduced in 1997, as it is still relevant today, said Bank Negara Malaysia.

The central bank said this today in response to an article ‘IBs want property lending rule scrapped’ that was published in the Oct 2 edition of The Edge weekly.

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