More banks extending help to customers affected by Covid-19
Standard Chartered Malaysia together with Standard Chartered Saadiq Malaysia, is offering an interest-only payment option to its retail and small and medium enterprise clients whose business have been affected by the Covid-19 outbreak. — Reuters pic
In a statement today, Standard Chartered Malaysia said clients may apply for the option to pay interest only on their installment loans for up to six months. “We are closely monitoring the progress of the outbreak and recognise that some clients are experiencing cash-flow concerns, so our focus is on prioritising their needs. We hope that this measure will provide a form of relief for our clients as we continue to stand by them through this hard-hitting time,” she said.
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