Bank Islam assisting Pemulih applicants


Chief executive officer Mohd Muazzam Mohamed (pic) said the repayment assistance will temporarily relieve the financial constraints of customers and allow breathing space to reassess their financial standing.

PETALING JAYA: Bank Islam Malaysia Bhd is currently assisting 108, 936 accounts with a total outstanding financing amount of almost RM12.63bil under its National People’s Well-Being and Economic Recovery Package (Pemulih) package since its roll out on July 7.

The bank said the numbers consist of 108, 846 individual accounts with an outstanding financing amount of RM12.6bil, as well as 90 applications from micro and small and medium enterprise (MSME) customers involving RM29.43mil.

Chief executive officer Mohd Muazzam Mohamed said the repayment assistance will temporarily relieve the financial constraints of customers and allow breathing space to reassess their financial standing.

“The bank has always been proactive in engaging our customers to identify their needs and providing the support required to help them make an informed decision best suited for their prevailing condition.” — Bernama

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 1
Cxense type: free
User access status: 3
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

   

Next In Business News

Reservoir Link secures well-test job
Gadang wins RM188mil PWD contract
Gamuda bullish about prospects
Pound may need to fall to plug the hole of UK’s international debt
Better harvest seen for Kim Loong in FY23
Supercomnet set for healthy order flows across three segments
HLB aims to build world-class digital capabilities
Japan, PETRONAS to cooperate on gas investment
Economy on solid, stable footing, says Zafrul
ADB 1H22 commitment lower than pre-pandemic level

Others Also Read