KUALA LUMPUR (June 9): AMMB Holdings Bhd (Ambank Group) said as at March 31, 2021, it has extended approximately RM15.2 billion in repayment assistance in its efforts to provide relief to customers — individuals and SMEs — who are affected by the Covid-19 pandemic. It added that the RM15.2 billion in repayment assistance was for loans and financing for all customer segments and the group has approved close to 100% of these applications. AmBank’s efforts are in line with the Government’s targeted repayment assistance initiative, which was announced under the Pemerkasa Plus financial aid package. According to Sulaiman, the bank will continue to assist customers through the repayment assistance packages and the rescheduling and restructuring plans that meet their respective needs. For more information on the repayment assistance, customers can visit the bank’s website at https://www.ambank.com.my/eng/repayment-assistance.

Source: The Edge Markets June 09, 2021 10:41 UTC