ABM supports Bank Negara’s proactive moves

ABM chairman and Maybank group president/CEO Datuk Abdul Farid Alias said: “The measures announced have been designed not only to support customers in this highly unusual global environment, but also to ensure that banks can continue to play their role in sustaining the country’s economy.

PETALING JAYA: The Association of Banks in Malaysia (ABM) is fully supportive of Bank Negara’s proactive measures to mitigate the economic impact caused by the Covid-19 outbreak.

ABM said in a statement yesterday that its member banks are in full agreement with the intent of the moratorium announced by Bank Negara which is believed to be a necessary solution.