Bank Islam offers moratorium of up to six months for flood victims

Bank Islam offers moratorium of up to six months for flood victims
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KUALA LUMPUR (Jan 8): Bank Islam Malaysia Bhd today announced a programme to assist its financing customers who have been badly affected by the current floods.

"Eligible customers can apply for a moratorium of up to six months to pay their monthly commitment subject to the conditions set," the bank said in a statement.

In a statement today, Bank Islam said the Prihatin programme aims to ease the financial burden of the affected customers under the Bank Islam House Financing, Personal Financing and Vehicle Financing facilities.

Bank Islam's chief executive officer Mohd Muazzam Mohamed said the group will be taking proactive actions in helping its affected customers due to the circumstances of the flood situation in all affected areas.

"We are aware of the difficulties experienced by our customers in dealing with the current situation, especially with the severe flood situation and the Covid-19 pandemic that is still plaguing the country.

"The well-being of the communities has always been one of Bank Islam's main priorities. Therefore, we hope that this programme could help relieve their anxieties over their financial commitment during this difficult period," he said.

The bank added customers may call the Bank Islam Contact Centre at 03-2690 0900 for any information on the Prihatin programme.

S Kanagaraju