CBP approves moratorium applications worth RM3bil

Chairman Kamari Zaman Juhari said almost 99% of the total moratorium applications received were approved, involving Islamic personal financing, Islamic mortgage financing and Ar-Rahnu financing.

PETALING JAYA: Co-op Bank Pertama Bhd (CBP) has approved 47,413 moratorium applications, valued at more than RM3.2bil, under the National People’s Well-Being and Economic Recovery Package or Pemulih as of mid-July.

Chairman Kamari Zaman Juhari said almost 99% of the total moratorium applications received were approved, involving Islamic personal financing, Islamic mortgage financing and Ar-Rahnu financing.