KUALA LUMPUR: Citi Malaysia has extended its repayment assistance measures to its customers, in line with the government's announcement of the National People's Well-Being and Economic Recovery Package (Pemulih).
The bank said in a statement that it is actively engaged with those in the B40, M40 and T20 groups as well as microenterprises and small and medium enterprises (SMEs) impacted by the Covid-19 pandemic.
Borrowers have the option to choose between a six-month moratorium or a 50% payment program for their loan facilities, also for a period of six months
Citi credit card customers will also be able to convert their card balances into term loan facilities to manage their debt, it said.