Image credit: New Straits Times
PETALING JAYA: Hong Leong Bank (HLB) and Hong Leong Islamic Bank have initiated a “Flood Relief Assistance” programme offering up to a six-month payment deferment for all loan and financing facilities, including credit card, to help customers that are affected by the recent floods in several states.
The group said additional financing would also be made available to existing small and medium enterprises (SMEs) and commercial customers who require working capital to facilitate their business recovery as a result of the floods.
The group said affected customers who are currently receiving assistance under the bank’s Payment Relief Assistance Plans (PRAP), as well as the customers under the Payment Relief Assistance for B40, M40 and Microenterprises for Covid-19 related issues, are also eligible to apply for the Flood Relief Assistance.
HLB group managing director and chief executive officer Domenic Fuda noted the heavy rains have affected over 27,000 people across various states and this is on top of the impact of the pandemic.
“Since last week, we have identified and engaged directly with our customers in the affected areas to offer them immediate relief assistance so as to ease their burden and help them recover from this as quickly as possible.
“We remain steadfast in our commitment to help and support our customers and would like to stress that affected customers who are already receiving our PRAP assistance are also eligible for the Flood Relief Assistance, ” he said.
Apart from the flood relief assistance program, HLB is also donating RM200,000 to Mercy Malaysia as part of a community disaster response effort.
“The contributions will help Mercy Malaysia in health and Covid-19 related safeguarding and services, food supply, logistics support for response mobilisation and lastly, for water, sanitation and hygiene support, ” HLB said.
Customers can request for Flood Relief Assistance by calling 03 7959 1888 or visit https://www.hlb.com.my/en/personal-banking/news-updates/flood-customer-relief-assistance.
Source: https://www.thestar.com.my/business/business-news/2021/01/15/hlb-offers-loan-moratorium-financing-to-flood-victims