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7 July 2021 12:15 pm / 2 comments In line with the six-month bank loan repayment moratorium under the Pemulih package announced by prime minister Tan Sri Muhyiddin Yassin on June 28, banks have begun announcing their moratorium programmes, similar to that offered during the first movement control order (MCO) last year. Prior to this, financial institutions have continued to provide targeted repayment assistance to individuals impacted by Covid-19 and movement control orders. The moratorium is available to everyone, from individuals in the B40 and M40 segments and the top 20% earners (T20) to small and medium enterprises (SMEs) and micro enterprises. Hong Leong Bank has announced available plans under its Payment Relief Assistance programme, and we take a look at that for car loans. For individuals (B40/M40/T20), the bank is offering two plans for customers to choose from, the first being a ....
Alliance Bank Malaysia Bhd and Hong Leong Bank Bhd have announced financial assistance for customers affected by the flood situation in several States in Malaysia. In a statement today, Alliance Bank said its flood relief assistance initiative comprises a six-month loan moratorium, loan repayment modifications, and waivers of fees and charges for selected services ....