The Star·3 min read·medium
Banks not allowed to take arbitrary action against entrepreneurs, assures PM
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BENJAMIN LEE, RAGANANTHINI VETHASALAM
✦AI Summary
Malaysian Prime Minister Anwar Ibrahim has assured entrepreneurs that banks are prohibited from taking arbitrary actions against loan applicants. He also noted that trade barriers with countries like Iran and Russia are being addressed through new diplomatic negotiations.
KUALA LUMPUR: Banks will not be allowed to take arbitrary action against entrepreneurs who apply for financing, says Datuk Seri Anwar Ibrahim.
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