PETALING JAYA: AmBank Group is extending its targeted repayment assistance programme until June 30,2021 to support SMEs and Malaysians affected by the Covid-19 pandemic.
Group chief executive officer Datuk Sulaiman Mohd Tahir said in a statement that the bank had already provided repayment assistance for loans and facilities amounting to more than RM11bil so far.
Announcing the extension, the bank intends to provide more assistance to customers impacted by job losses or are facing reduced monthly income due to the pandemic.
To recap, since the start of the moratorium period in March, AmBank has reached out to its lending and financing customers through SMS blasts, telephone calls and engagement with customers, emails, website announcements as well as social media platforms.
Selected AmBank branches have also been opened to assist customers who are facing financial constraints.
Sulaiman said AmBank was making available tailored rescheduling and restructuring plans to suit and meet its customers’ respective financial commitments. “We have reached out to more than 500,000 customers to offer repayment assistance, ” he said.
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