KUALA LUMPUR, Dec 20 (Bernama) — CIMB Group Holdings Berhad (“CIMB” or the “Group”) announced today that it will be providing financial obligation payment relief to assist individual and business customers in communities that have been affected by the recent floods across Malaysia. At the same time, the Group has, through its corporate social responsibility (“CSR”) arm CIMB Foundation, committed RM2 million towards providing on-ground community assistance for flood victims as well as recovery support post-floods.
Under the CIMB Flood Relief Assistance Plan, CIMB Bank Berhad (“CIMB Bank”) and CIMB Islamic Bank Berhad (“CIMB Islamic”) will provide a six-month payment relief on loan and financing products for individual and SME/business customers who have been impacted by the flood to help alleviate their financial burden.