Moratorium: Bank Rakyat identifies 10,000 customers in Penang potentially affected | Malay Mail

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GEORGE TOWN, Aug 10 — Bank Rakyat has identified nearly 10,000 potentially affected customers in Penang who could opt for the three-month moratorium extension to renegotiate their financing before the deadline on Sept 30. The bank, in a statement today, said it has begun contacting the borrowers...

Monday, 10 Aug 2020 08:17 PM MYT

The bank, in a statement today, said it has begun contacting the borrowers in stages to offer the three-month moratorium extension. “Targeted assistance is also offered to customers, who had their salaries deducted by employers, They could be given installment a reduction in line with the salary reduction rate for a minimum period of six months,” said the statement.

Besides that, Bank Rakyat recently launched the Debt Consolidation-i Personal Financing Campaign from July 22 to Oct 31 with a total financing of up to RM200,000 for a financing period of up to 10 years.

 

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