CIMB supports over 250,000 individuals, SMEs under payment assistance programme | Malay Mail

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CIMB supports over 250,000 individuals, SMEs under payment assistance programme | Malay Mail
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KUALA LUMPUR, Aug 12 — CIMB Bank Bhd and CIMB Islamic Bank Bhd has supported over 250,000 individual and small and medium enterprise (SME) customers to-date under the CIMB Payment Assistance Programme since its launch on July 7, 2021.  In a statement today, the group said, under the...

KUALA LUMPUR, Aug 12 — CIMB Bank Bhd and CIMB Islamic Bank Bhd has supported over 250,000 individual and small and medium enterprise customers to-date under the CIMB Payment Assistance Programme since its launch on July 7, 2021.

Customers can also opt for a three-month moratorium for hire purchase facilities while for credit cards, they can convert their outstanding balance into a three-year term loan/financing with reduced interest/profit rates to help them better manage their debt. Customers are also assured that any financial assistance taken will not impact their Central Credit Reference Information System status.

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