PETALING JAYA: FWD Group Holdings Ltd, the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has agreed to buy a majority stake in Gibraltar BSN Life Bhd, a move that allows it to tap into the South-East Asian market’s growth potential ahead of FWD’s planned initial public offering (IPO).
KUALA LUMPUR, Nov 25 Bank Simpanan Nasional (BSN) will help its affected B50 customers via the Financial Management and Resilience Programme (Urus), which is a cooperative effort between the banking industry and the Credit Counselling and Debt Management Agency (AKPK). BSN chief executive Jay.
Published on: Saturday, January 16, 2021
By: Bernama
Text Size:
Kuala Lumpur: Twelve banks have responded to the national call for moratorium assistance and flood aid relief, especially for those affected by the current flood situation.
Since Monday, Affin Bank Bhd, RHB Bank Bhd, Public Bank Bhd, Malayan Bank Bhd, Bank Simpanan Nasional Bhd, Bank Muamalat Malaysia Bhd, CIMB Bank Bhd, Bank Islam Malaysia Bhd, Alliance Bank Malaysia Bhd, Hong Leong Bank Bhd, SME Bank Bhd, and OCBC Bank Bhd have rendered financial assistance to customers affected by the floods, with the number of evacuees reaching 48,000.
The 12 banks are offering loan moratorium for up to six months, with some providing deferment of loan instalment and waiver of late payment charges.