Rethinking financial strategies can boost resilience

Its wealth and personal banking head, Renee Bullock-Cann said this includes consolidating debt balances into a single lower-interest alternative, prioritising and taking stock of debts, as well as engaging with their respective banks.

KUALA LUMPUR: The recent surge in local Covid-19 cases and the subsequent movement restriction measures are causing a significant strain across businesses and households, but there are several strategies that can help the people in dealing with the financial challenges, said HSBC Malaysia.

In a statement yesterday, its wealth and personal banking head, Renee Bullock-Cann said this includes consolidating debt balances into a single lower-interest alternative, prioritising and taking stock of debts, as well as engaging with their respective banks.