Reference no: EM132974518

Problem 1: A moratorium is a temporary suspension of an activity or law until future consideration warrants lifting the suspension, such as if and when the issues that led to moratorium have been resolved. A moratorium may be imposed by a government, by regulators, or by a business. Moratoriums are often imposed in response to temporary financial hardships. For example, a business that has exceeded its budget might place a moratorium on new hiring until the start of its next fiscal year. In legal proceedings, a moratorium can be imposed on an activity such as a debt collection process during bankruptcy proceedings. During pandemic Covid 19, government of Malaysia enforce the banks to implementing the moratorium to the public to help them survive during pandemic. Describe the impacts of moratorium on bank and how they maintain their survival in future.