KUALA LUMPUR, Nov. 27 -- Malaysian banks are offering a range of financial relief measures to help households and businesses hit by recent floods across several states.
The Association of Banks in Malaysia (ABM) and the Association of Islamic Banking and Financial Institutions Malaysia (Aibim) said today their member banks stand in solidarity with affected communities and are committed to easing their financial strain.
The associations said banks are rolling out measures such as loan and financing instalment deferments, special financing facilities for home and business repairs, and fee waivers for replacing damaged banking documents and cards.
They said banks are also providing access to Bank Negara Malaysia's Relief and Adaptation Fa...
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