Alliance Bank offers loan moratoriums, flood relief assistance

KUALA LUMPUR: Alliance Bank Malaysia Bhd is offering flood relief assistance to its customers, including loan moratoriums of up to six months, repayment modifications and selected fee waivers.

The assistance covers eligible conventional loans and Islamic financing facilities under its consumer, small and medium enterprise, commercial and corporate banking segments.

The bank will also waive selected fees for replacing debit cards, ATM cards, cheque books and passbooks lost or damaged during floods.

Its chief executive officer Kellee Kam said the initiative aimed to ease the financial burden faced by affected customers and employees.

“We recognise the challenges that our customers and employees are facing following the recent floods.

“We urge those affected to get in touch with us to discuss their circumstances and the support available through our Flood Relief Assistance programme,” he said in a statement.

The programme is open for applications until March 31 next year.


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