PETALING JAYA: CIMB Group Holdings Bhd and Public Bank Bhd will provide loan repayment assistance to targeted customers upon the expiry of the six-mon...
CIMB Group Holdings Bhd and Public Bank Bhd will provide loan repayment assistance to targeted customers upon the expiry of the six-month moratorium on Sept 30, 2020.
Other affected SMEs, corporates and individuals will be offered several options which include an extension of the existing relief programme, profit/interest servicing only, possible extension of the loan/financing tenure to enable lower monthly instalments and amending other terms and conditions of the loan/financing where appropriate.
Customers who do not receive an SMS from the bank, but are anticipating difficulties in commencing payments after Sept 30, 2020, are encouraged to get in touch with the bank from August 7 until Sept 7, 2020. Public Bank has also developed a digital platform to enable eligible customers to submit online application for rescheduling of their repayment plans.
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