For the B40 segment, individual customers who have lost their jobs as well as SMEs/ microenterprises that are not allowed to operate during the MCO, Public Bank is offering a loan deferment for three months, or a 50% reduction in the monthly instalment payment for six months.’s targeted repayment assistance programme has assisted over 160, 000 customers with relief assistance amounting about RM40bil during the Covid-19 pandemic.
“Currently, more than 90% of Public Bank’s customers are paying their monthly loan instalment, ” he said. These flexible repayment packages are made available for all segments of individual customers as well as microenterprises and SMEs, with various assistance in the form of deferment or reduction of monthly instalment payment.
“The bank assures its customers that it will continue to make available its flexible repayment assistance packages for customers to opt for the repayment option that best suit their financial condition, ” he said.
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