Bank Rakyat gives moratorium extension

As part of its proactive measures, the bank has identified close to 190,000 potentially affected financing accounts and is currently contacting the account owners in stages.

KUALA LUMPUR: Bank Rakyat is offering a three-month extension of the loan moratorium period for customers who may face difficulties in continuing with their loan repayments once the moratorium ends on Sept 30.

As part of its proactive measures, the bank has identified close to 190,000 potentially affected financing accounts and is currently contacting the account owners in stages.