PUBLIC BANK'S FLEXIBLE REPAYMENT ASSISTANCE SCHEMES REMAIN OPEN FOR APPLICATION
KUALA LUMPUR, Oct 25 -- Public Bank will continue to engage with its small and medium enterprise (SME) customers and is keeping the various flexible repayment packages open for application even as the economy improves.
More than 429,000 customers with more than RM76 billion loans continued to receive targeted repayment assistances as of end-September 2021, it said.
Managing director and chief executive officer Tan Sri Tay Ah Lek said its customers are gradually getting back on their feet again financially, but the bank is always ready to "handhold them again at any time".
"Various financing schemes, such as the Special Relief Facility, Targeted Relief and Recovery Facility, Penjana SME Financing and others have all helped to put the whole economy on a better footing," he said in a statement today.
Public Bank said it has approved more than RM12.7 billion in financing for more than 50,000 SMEs since the COVID-19 pandemic started.
Its digital platform enables a straight-through online process on customers’ submission for the repayment assistance. SMEs can continue to contact the bank via SME Helpdesk, email or telephone.
-- BERNAMA
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