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Bank Muamalat offers up to six months moratorium for flood victims


Bank Muamalat CEO Khairul Kamarudin said the bank is offering assistance by way of moratorium of up to six months to customers, based on the merit of the case.
KUALA LUMPUR: Bank Muamalat Malaysia Bhd is offering a moratorium payment period (MPP) of up to six months for all its financing facilities to individuals and businesses in flood-affected areas.
The MPP is available to eligible customers beginning today until Feb 28,2021.
Its chief executive officer Khairul Kamarudin said the bank is concerned about the well-being of its customers who are affected by the ongoing floods, which have displaced thousands of people, damaged farms and forced businesses to close. ....

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