The Association of Banks in Malaysia (ABM) and the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) said its member banks will evaluate the financial position of the borrowed and customers at the end of the relief period to consider whether further repayment assistance is needed.
PETALING JAYA: The banking industry is urging borrowers and customers who are facing financial difficulties in servicing their commitments to reach out to their respective banks as soon as possible between Aug 7 and Sept 7.
This is to facilitate the discussion of repayment assistance options and to allow sufficient time to confirm options and to have it effected in time come October.
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