Sabah floods: Affected SMEs, co-ops may apply for loan restructuring, says minister

By STEPHANIE LEE

KOTA KINABALU: Entrepreneurs and cooperatives affected by floods and landslides can apply for loan repayment restructuring or postponement of up to six months, says Datuk Ewon Benedick.

The Entrepreneur and Cooperatives Development Minister said this policy applies nationwide whenever a district or state is declared a disaster zone.

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Sabah , Floods , Entrepreneurs , Small Businesses , SMEs , Loans , Repayment , Restructuring , Postponement , Ewon Benedick , Entrepreneur and Cooperatives Development Ministry , Agencies , Tekun Nasional , Bank Rakyat

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