Banking

Alliance Bank extends RM7b under loan modification, moratorium

Alliance Bank Malaysia Bhd has extended over RM7bil in loan modifications and moratoria, with an approval rate of over 95%.

KUALA LUMPUR: Alliance Bank Malaysia Bhd has extended over RM7bil in loan modifications and moratoria, with an approval rate of over 95%.

The bank has also disbursed more than RM600mil in special relief fund and RM120mil in targeted relief and recovery facility provided by Bank Negara Malaysia.

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Alliance Bank , payment relief assistance , Covid-19 , Joel Kornreich

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