Alliance Bank provide measures for customers impacted by Covid-19

KUALA LUMPUR: Alliance Bank Malaysia Bhd has been providing moratoria on loan instalments and restructuring or rescheduling (R&R) of loans for customers that are impacted by the ongoing COVID-19 pandemic.

In a statement today, its group chief executive officer Joel Kornreich said to-date, the bank has approved financing of close to RM70 million to affected businesses and consumers under several financial relief initiatives, one of which being the COVID-19 Special Financing Facility for small and medium enterprises (SMEs).