Bank Rakyat extends targeted moratorium for pandemic-affected customers

KUALA LUMPUR (Bernama): Bank Rakyat is extending its targeted financing repayment assistance period for customers affected by the Covid-19 pandemic, says acting chief executive officer Datuk Syed Abdul Aziz Syed Hassan

"In line with the announcement of targeted financing repayment assistance by the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) on May 12,2021, Bank Rakyat is committed to help customers make their financing commitments using the financial assistance program, ” he said in a statement on Monday (May 24), adding that the bank is aware of the current unstable condition.