CIMB starts moratorium opt-in

The banking group said customers are also given alternative options to choose from.

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd announced that all individual (B40, M40 and T20), microenterprise and affected small and medium enterprise (SME) customers can now opt-in for a six-month moratorium with approvals given automatically.

In a statement, the banking group said customers are also given alternative options to choose from, such as a 50% reduction in instalments for six months on credit facilities such as mortgages, ASB loans/ financing and variable rate credit facilities.