CIMB offers 6-month repayment relief for flood victims


CIMB Bank Bhd and CIMB Islamic Bank Bhd (CIMB Islamic) are providing a six-month repayment relief on various loans and financing products in an effort to reduce the burden of customers and staff who have been affected by floods nationwide.

The six-month repayment relief would be applicable to all secured individual and small and medium enterprise (SME) loans and financing — including home financing, business premises financing, ASB financing, SME biz property financing and SME quick biz financing.

It is also applicable to auto loan/ financing, personal financing (express cash and cash plus loan) and credit card interest/late charges.

Deposits charges would also be waived for credit/debit card replacement, statement request or replacement of mutilated passbook and bankers’ cheques.

CIMB Bank and CIMB Islamic would also expedite the processing of insurance claims due to the floods in affected areas.

CIMB Group Holdings Bhd CEO Tengku Datuk Seri Zafrul Abdul Aziz (picture) said the bank sympathises with the losses and inconvenience faced by customers and staff in the affected areas during this trying time.

“We hope that our assistance, by way of six-month repayment relief and waiver of fee charges, will help ease the burden experienced by flood victims, who would need every bit of support to bring their lives back to normal,” he said in a statement.

He added that affected customers could also walk in to any of CIMB’s 234 branches to get further assistance on the flood relief programme.

“We will continue to find ways to assist our customers either through our business operations or corporate responsibility initiatives,” Tengku Zafrul said.

The repayment relief programmes are implemented annually for the benefit of CIMB customers and staff who are affected by the floods.

CIMB Bank and CIMB Islamic have also put together various initiatives to provide assistance to affected communities in times of need via CIMB Foundation, whose corporate social responsibility programmes across Asean are being financed by up to 1% of the group’s profit before tax for the period 2018 to 2020.

Customers can contact CIMB call centres at 03-6204 7788 — for auto loans, home and personal financing and credit cards; or 1-300-88-8828 (for SME loans and financing); or visit the closest branch for further information and assistance on the repayment relief programme.