CIMB extends payment relief assistance to customers affected by the floods

KUALA LUMPUR, Sept 19 (Bernama) -- Reinforcing its purpose of advancing customers and society, CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Bank”) today reiterated that CIMB Flood Relief Assistance Plan (“the plan”) remains available to support customers affected by the recent floods in Sabah. The plan, [available nationwide], is designed to ease the financial challenges faced by both individual and SME customers during this difficult period. 

Impacted customers will be provided with a six-month payment relief on loan and financing facilities. Late charges and fees will be waived to ensure those impacted are able to access a simplified application process requiring only basic information and documentation. For SME customers needing additional support, a Disaster Relief Facility of up to RM700,000 is also available to help with cash flow needs.