NOW that Hannah Yeoh no longer does cute Tik Tok videos with Syed Saddiq and with the DAP no longer , looking at MUDA, as a viable partner,. the party has made a statement.
OKAY, MUDA point taken . BUT what happens if these perlantikans are not stopped. What you gonna do about it ? Give yourselves high fives that you managed to get a statement out in Utusan Malaysia? Is that it?
Balaci dan barua hati busuk
Macam kerang busuk oh oh
Di marah dimaki kau masih senyum
Nampak gusi
Sia-sia saja engkau belajar
YES , it's a waste that some people have paper certificate, pretend to be daft but they are actually running a media campaign for big banks. READ : Stretch maximum loan tenure to avoid bankruptcy, Cuepacs urges MoF, Bank Negara
MEET Adnan Mat, the President of Cuepacs who states : At the same time, the operations of credit cooperatives and financial institutions regulated by Bank Negara can grow again.
HELLO MAT, how much do you want the banks net profit to grow ? Is is not, not true that for the first nine months of 2022, the combined net profit of Maybank and CIMB alone stood at above RM 10 billion, with a hefty net margin of 25 per cent?
OFF course it's true
LET'S assume, the government is daft enough to accept your proposal and the duration period is expanded from ten years to 20 years, what happens to the B40 men?
ASSUMING at a constant interest rate of 4 per cent, for a RM10,000 loan over a period of 10 years (10,000 X 4/100 X 10 years : the interest on the loan is RM4000 plus principal the total amount due is RM14000)
NOW,let's increase the loan period to 20 years and see what happens ( 10,000 X 4/100 X 20 years : the interest on the loan is RM8000 plus principal the total amount due is RM18000)
SO Adnan Mat, you want to not only indebt the B40 men for a longer period, you also want them to pay 100 per cent more to this Government controlled banks. SHAME ON YOU.
