Over half one million PTPTN debtors but to repay loans

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KUALA LUMPUR: A complete of 539,284 Nationwide Increased Training Fund Company (PTPTN) debtors have by no means repaid their loans as at Sept 30, says the Increased Training Ministry.

In a reply posted on the Parliament web site Wednesday (Nov 24), it stated there have been 2,424,009 debtors who had accomplished their research and have been speculated to repay their loans amounting to virtually RM24.6bil.

“Of the full, 1,884,725 debtors had paid again their loans, with 751,216 having settled their loans.

“A complete of 427,861 debtors have been paying constantly whereas 705,648 others do make repayments, however inconsistently,” the ministry stated.

The ministry was replying to a query by Datuk Salim Sharif (BN-Jempol), who needed to know the variety of debtors who nonetheless owed the PTPTN and the full quantity concerned.

In keeping with the ministry, as at Sept 30, the PTPTN had authorised loans to greater than 3.5 million debtors, with the full disbursement amounting to over RM64.8bil. – Bernama



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