KUALA LUMPUR – Hong Leong Bank and Hong Leong Islamic Bank has extended RM33.4 billion in payment relief assistance, including the Pemulih payment/repayment relief assistance, to its individual as well as small and medium enterprise (SME) customers as of September 17.
In a statement today, the bank said it has maintained a 100% approval rate for eligible customers who have applied for the assistance.
The bank added that it will continue to work closely with borrowers to provide the aid to those who continue to be affected by the Covid-19 pandemic.
“The bank is fully committed to helping customers recover from the impacts of the pandemic, and we will continue to be steadfast in supporting customers through the payment assistance programmes,” said group managing director and chief executive officer Domenic Fuda.
He said the bank is also extending loans and financing to customers, especially SMEs looking for working capital to restart or resume their operations at 100% capacity.
According to Fuda, Hong Leong Bank is committed to supporting the SME sector by providing them with access to financing, as well as equipping them with digital business solutions.
From January to August, the bank has disbursed new financing of RM3.95 billion to SME customers, supporting them not only towards their recovery journey, but also to fortify their business to be more sustainable, he said.
Those who wish to get more information on the payment relief plans may visit www.hlb.com.my/relief. – Bernama, September 28, 2021
