Discussion Platform for FIN435G2 by Ninalyn Fridrict

Please introduce yourself using a movie/ a cartoon/ an anime character that resemble your personality/character. Thank you.

ninalynfridrict — 2021-10-14 05:16:55 UTC

Hello everyone. Belle has the heart of learning, she loves reading and although she is quite passive, she is never afraid for an adventure....Because she believes that people should never stop learning, never stop improving, never giving up and always keep moving forward..And these personalities of Belle resemble myself, I am Madam Ninalyn...Nice to meet you all!

2021864822 — 2021-10-15 07:38:50 UTC

Hi everyone, Umi Matsuzaki from Up on Poppy Hill is a very responsible,helpful,kind and loyal person. she always have her own way to helps other and she will not expecting any reward from them. Her personality really suit me very well and i'm Nur Illieyana.. Lovely to meet you all..

2021491616 — 2021-10-15 07:53:35 UTC

Hello everyone.

Nice to meet you guys.
I hope everyone is staying healthy and having a productive day.

A cartoon character that resemble my personality or character the most in my opinion is Charlie Brown from Peanuts.

Charlie Brown is a gentle, lovable and as a child he possessed of endless determination, hope and are always up for a challenge.
And I believe, these personalities of Charlie Brown resemble myself, I am Sarah Syairah.

Have a Fantastic Friday everyone!

2021620342 — 2021-10-15 12:29:42 UTC

Hello everyone , nice to meet you guys. This cartoon character that i think have a same character with me is Red Shoes . Red Shoes extremely kind, honest and gracious as she managed to lift Excalibur from its stone when no one else could. This girl is Unselfish, Gracious and Truthful. She is also brave and loyal person and this character suit me very well and hello everyone , I'm Dayang Azira . Nice to meet all of you.

2021-10-15 15:32:21 UTC

Hello Bello everyone, I'm Veronica Edna, glad to meet you guys. I hope we can be friends :)
I do choose Anna as my cartoon character, because I think we have the same personality.
Anna, all of us know that she is very goofy but at the same time she is the one of optimistic person. Even if she looks unfriendly, but in fact she was just shy. She always puts others first even when she had to make sacrifices (but for me let us sacrifice together while doing group assignment/ assessment ya Haha FIGHTING !). Plus, she also used to be cheerful, easy-going yet friendly person especially when you already be her close friend then you will know how over friendly she is. Thankyou for reading hihi :')

2021-10-15 16:57:31 UTC

Hello everyone, I’m Erdayna.

A cartoon character that resemble my personality or character is Ice Bear from We Bare Bears.

The reason why i choose ice bear is because of his chill and relaxed personality. Even though he’s in a serious situation he still manage to be relaxed. That personality of him really resembles me, even when i know that i have an assignment to be submitted in a short period of time i still manage to watch and finished few episodes of my Korean drama yet still manage to finish my assignment right on time. ( hopefully i will manage to change this personality of mine. It is really dangerous to be too chill and relax in a serious time and i think this was my toxic trait ) hewhew~~~

That’s all from me. thank you for reading! I hope that we will get along well until the end of the semester/degree! Best of luck my friends! ❤️

2021-10-15 17:51:40 UTC

Hello everyone! My name is Vivianne Virginia.
If i were to introduce myself by using a cartoon character it would be Sofia. Sofia is a girl full of positivity, kind, and loves animals. From the beginning, Sofia has shown to be a positive girl with a gentle heart. She is also always seem to be helping others in trouble and helping them to solve it. Sofia is also surrounded by animals because of her kind nature. However, I think the most resemblance of me with this character would be the animal lover part hehe..
That's all from me, Nice to meet all of you!
I hope we can get along well through out the entire semester and stay safe!

Shafiqah <3

2021-10-17 11:53:54 UTC

Henlo everyone ! <3 I'm shafiqah. I choose princess vivian from sofia the first as a cartoon character that i think suits me.. Vivian is a shy girl who has trouble talking to other people, and as a result had no friends. But, after being partnered with Sofia for a project for art class, the two of them eventually became best friends and Sofia helped Vivian become more confident, and overcome her fear of being around and talking to others. To be honest , i'm a shy girl in real life but i really enjoy if i meet those people who show their interest in talking with me :D and i guarantee you will find im a bit talkative than you ever think hihi. Err wait, i guess not really talkative la, so so. like bila perlu then i talk. Gittew . hehe. I hope all of us can get along well and help each other throughout this entire semester ya ! and do our best especially in our group assignment :D

Thats all from me ;D Stay safe everyone and all the best for this semester ya ! Fighting ! xoxo <3

2021-10-19 04:05:03 UTC

Hi everyone, you can call me Ira. I actually don't know which cartoon or anime will resemble my personality but I think I'm quit close to Rapunzel. I spend most of my time since I was a kid until now alone at home than go out make friend. so I find its hard to communicate with people except for my studies or work relation. but I'm actually a very bright and playful person.

GROUP MEMBER FOR ASSIGNMENT

ninalynfridrict — 2021-10-21 06:29:05 UTC

Please write down your group members' name.

Tutorial (11-12pm 22/10/2021)

ninalynfridrict — 2021-10-21 06:29:20 UTC

Read this news article: https://www.theedgemarkets.com/article/bnm-malaysias-financial-system-remain-resilient-against-economic-financial-shocks

Write your opinion about the issue. You may agree or disagree with your other friends. Please participate in this tutorial ya. Thanks.

snursarina — 2021-10-21 07:46:29 UTC

Hello everyone ! My name is Siti Nursarina .. I choose this person aka Choi Yu Jin because it resemble my character such as she never give up.... she's also very hardworking onto pursuing her goals... she never feels tired and always have this bubbly energy with her, she's also pretty optimistics about whatever results she gained. Bravely enough, she manage to defy the fate and come this far with her own efforts. I believe if I give my utmost efforts, I'll gain the better results! Nice to meet you all, I hope we can get along this semester and pass this degree with flying colors!

snursarina — 2021-10-22 02:49:56 UTC

Yes, I agree with the article because even though Malaysia's financial system remained unfazed against economic financial shocks, it still affect most families that unable to cope without increase their debt with the bank. I support bank decision on extended debt repayment assistance to customers while halting their lending activities despite high risk that causes by the absence of borrower's data that were used to determine their credit worthiness. The bank able to stand on their ground by implementing few programs in order to prevent credit losses. Thus, by loan repayment assistance able to provide support to miserable households that were hit hard with this crisis, and able to help economics and financial to recover slowly. As a result, it is expected the economics to recover fully and the amount of borrowers who applied for loan repayment assistance to decline.

2021620342 — 2021-10-22 03:19:24 UTC

After reading this entire article, I agree with this article which states that although the current pandemic is very much affecting the country but the banks can still control this situation. Banks are still able to have sufficient finances to absorb potential losses in severe macroeconomic and financial conditions as well as continue to support economic recovery.
I also agree banks continue to increase provisions for credit losses to help traders who are experiencing a severe economic downturn. many business sectors are affected by this situation but are still recovering and recovering.
I also support the repayment assistance program as this can help in a material increase in loan defaults especially to small enterprises. the program also helps affected households to repay their debts.

2021864822 — 2021-10-22 03:23:09 UTC

I agree with the article that state Malaysia's financial system remain resilient against economic, financial stocks. In this pandemic situation, it is really affecting the country but financial system in Malaysia still can manage to provided their services which is loan and manage to face credit risk despite many challenges in updating the assessment of borrowers' creditworthiness. The bank was capable of carrying its strength by introducing a few procedures to reduce bank charges. Other than that, because of a few crisis that happen toward households, bank can help household through loan repayment and capable of assisting economic and financial recovery. By that, the households can repay their debt to the bank.

Nur Shafiqah

nurshafiqah3300 — 2021-10-22 03:26:30 UTC

In my point of view, I do agree with the article statement. It is relieved to know that Malaysia's financial system still remain resilient against economic and financial shocks due to the pandemic Covid-19 . But, it is significant to be aware and be prepared enough as we can't predict what future might hold. For instance, many firms in economics sectors had been hit harder especially in tourism sectors. Although this crisis caused firms faced difficulty as they faced huge losses due to the movement restriction order made by government, i strongly believe soon our economy will recovery slowly as the travel ban was slowly lifted . I also agree and support with bank decision on extended debt repayment assistance to its debtors as it help those households that were affected by this crisis to pay for their debt . It is already hard enough for the debtors to survive during the movement control order(mco) phase and it is a relieved for them as the loan repayment assistance extended by banks continued to provide support to distressed household borrowers, staving off further damage to their finances.

2021627604

2021-10-22 03:29:54 UTC

In my opinion , I agree with the article statement. We know that the Covid-19 pandemic previously caused the entire economy to stopped. Even in a challenge to improve back all the sector, it's encouraging to hear that Malaysia's financial system is still regarded sturdy in the face of economic challenges. In terms of my personal opinion, Malaysia needs to be reminded of future economic shifts that can happen anytime. Our country should always be aware and prepare a really strong plan for anything happen for now on. For example, hoping that the government and banks to work together to find a better solutions to help our economics and financial status be always on track.

2021858626 — 2021-10-22 03:48:26 UTC

Yes, I agree with this article that state loan repayment aid offered by banks has continued to provide help to distressed family borrowers, preventing additional damage to their finances and, in turn, the economy and financial system at large as an outcome of the pandemic. While this helps to temporarily support borrowers' debt-servicing ability, a more established economic recovery remains critical to restore borrowers' long-term financial health.

Elisa Edalyne (2021480836)

2021-10-22 03:57:37 UTC

Based on the issue, i agree that Malaysia's financial system remained adaptable against economic and financial shocks although the degree of Covid-19 pandemic is uncertainty. However, Bank have to make a proper plan and always be aware for unpredictable situation that might happen in the future.

It is good to know that the BNM have their own additional measures to further support SMEs and individuals affected by the COVID-19 Outbreak. For example, bank extended debt repayment assistance to households and businesses that were affected by the most recent movement restrictions while sustaining lending activities. This can reduce the burden of those who are affected and a chance for them to return to health and strength to recover from financial losses.

anirahj — 2021-10-22 03:58:53 UTC

I do agree with the statement in the article. I think It is important to make sure that Malaysia economy can remain resilient against the financial shock during the pandemic. Many parties in economy sector face great damage and losses because of recent movement restrictions. Hence, the ability of a bank to further extent debt repayment assistance to household and businesses that effected can help the borrower to find relieve.

2021606812

2021-10-22 03:59:55 UTC

Regarding to the article, I wholeheartedly agree with the statement that Malaysia's banking system has proven to be resilient to the effects of economic and financial instability. Currently, the Covid-19 pandemic is having a significant impact on the financial and economic well-being of the country. This financial shocks situation unevenly felt by many people who comes from many different path of life. However, the Malaysian financial system is still able to provide its services, which include loan provision, and to maintain credit risk even with all these challenges associated with updating the evaluations of borrowers' ability to repay. A loan moratorium also was implemented in Malaysia due to the COVID-19. As announced by Bank Negara Malaysia (BNM) and banking sector, borrowers' moratorium support has been changed into borrowers' repayment assistance. This indicates helping individuals and businesses whose income is severely affected by Covid-19. BNM could be remain stable as long as the borrowers still paying for the loan in the long term. As a result, Malaysia has to be warned of possible future economic upheavals. From now on, our country ought to be constantly alert and ready with a realistic plan. As expecting that the government and banks will collaborate to improve our economic and financial situation.

Maznah halim (2021849522)

2021849522 — 2021-10-22 04:25:04 UTC

I agree with the article that Malaysia's financial system has remained resilient to economic and financial shocks, allowing banks to provide further debt repayment help to people and businesses affected by the recent movement restrictions while continuing to lend. Similarly, despite significant challenges in updating assessments of borrowers' creditworthiness, insurers and takaful operators remained profitable and well positioned to assist individuals and businesses by providing flexibility for premium and contribution payments that would maintain their protection coverage even while facing credit risk management. Repayment assistance programmes, as well as government and bank (BNM) support measures, have so far prevented a significant increase in loan defaults. Small and medium enterprises (SMEs) are coping better with renewed movement control limitations thanks to cash flow relief from deferred loan repayments, as well as a positive impact from cost-cutting initiatives and greater digital use. Bank loan repayment aid continues to help distressed household borrowers, preventing further damage to their finances and, as a result, to the economy and financial system as a whole.While this is assisting borrowers in temporarily repairing their debt-servicing ability, a more established economic recovery is still required to restore borrowers' long-term financial health.
Importantly, good underwriting standards continued to underpin new bank lending to the household sector. Banks' exposure to higher-risk household borrowers with narrower buffers remained modest as well.

Vivianne Virginia (2021468768)

2021468768 — 2021-10-22 15:36:36 UTC

Based on the article, I think Malaysia's financial system are quite resilient despite being hit by the unexpected hurdled which is the covid-19 pandemic. The article explains how the banks in Malaysia are able to cope with our current situation with all the movement restrictions imposed by the government. A lot of people and businesses are affected by the movement restrictions and are facing financial problems. However, the banks are still able to provide their services such as loan repayment assistance which has help to aid a lot of people's financial strain temporarily. This proves that the banking sector are able to withstand any problem even in a bad economic condition.

Vieze

2021847176 — 2021-10-23 02:05:07 UTC

As i read the article at first I'm agree with the article but then suddenly i changed my mind as i think about bank itself . As we know that bank job were to provide or lend money and the money will never end ( duit tidak akan habis ) but when the pandemic hit us for 2 years now its effected not just the people but also the bank and moreover our own country. For the bank its continued to increase provisions for credit losses in anticipation of a deterioration in assets quality as repayment assistance programmes were gradually unwound. the loan loss coverage ratio remained around historically high levels reflecting the higher degree of stringency in the provisioning practice of banks.
we know that bank MONEY WILL NEVER FINISH as the bank keep receiving money from the loaner but now bank keep provide money to people but receive very very small money in return . what do think will happen to the bank and our economic if this things keep and keep going ? its not just affecting the people, the bank itself but also will affect our economy. so i was disagree with the article as i know pandemic were really hard for us especially in term of money but its more harder for the banks to keep thinking how to recover all the losses they gain.

2021813116

2021-10-26 11:14:28 UTC

The COVID-19 pandemic has caused our economic sectors get worsen, it is because of the movement restriction that has been imposed by the government. Because of this, lot of business sector has been affected. Not only that, but also it has affected people’s sources of income. From this situation, we know that a lot of loan borrowers faced challenges or having trouble in paying their loan or debts from the banks.

From the article, it’s explain how the banks in Malaysia as well as the government cope with the challenges that faced by the borrowers. As I read the article the action that took by BNM is really helping. Especially in providing the loan repayments assistance service and banks also continued to lend to viable SMEs with various financing guarantee schemes remaining available to complement direct bank lending. This help the business sector to recover instead of stopping their business as well as the other sectors and small and medium enterprises (SMEs).

This is a proof that even in a bad economic situation banks still manage to cope, handle and find a way to solve the situation.

Note from lecturer

ninalynfridrict — 2021-10-26 14:23:00 UTC

Thank you for all students who have posted their opinions. To those who have not yet share their opinion, I will still allow you to do so.

Generally, it is important to have a sound and stable financial system for an efficient allocation of resources and distribution of risks in our economy - it ensures the intermediation process work efficiently - meaning to say the fund flows between surplus units and deficit units are efficient - hence promoting economic growth and development. BNM plays the major roles to promote and maintain monetary and financial stability - by promoting a sound and efficient Malaysian financial system - by maintaining the strength of financial institutions and formidable financial infrastructure to withstand any adverse economic situation.

Reference: Financial Market & Banking Operations Textbook of Ibrahim Abdul Rahman & Siti Norbaya Mohd Rashid

Discussion on Group Assignment (10-11am: 29/10/2021)

ninalynfridrict — 2021-10-27 03:49:09 UTC

Please discuss among your group members - maybe you can allocate tasks to members, etc. I will observe your discussion, so make sure every member contributes ya. Thank you.

Group 1 Discussion Platform

ninalynfridrict — 2021-10-27 03:49:36 UTC