Newsflash Asia – Breaking Stories, Smarter and Faster

[user-icon-header-short device='mobile']

CIMB steps up with relief measures for those hit by the Middle East crisis

CIMB Bank Berhad and CIMB Islamic Bank Berhad have announced a series of targeted assistance measures to support customers impacted by the ongoing geopolitical uncertainties in the Middle East. The initiative aims to alleviate financial pressures and ensure cash flow continuity for both individual and business clients, including small and medium enterprises.

The relief measures include up to six months of payment relief on loan and financing facilities for eligible customers. Additionally, business clients can access customised restructuring and rescheduling solutions to manage repayment obligations and maintain operations. Novan Amirudin, Group CEO of CIMB, emphasised the bank’s commitment to supporting the economy and its customers during these challenging times. “CIMB is committed to standing alongside our customers as they navigate evolving challenges, ensuring financial support remains available,” he stated.

Customers seeking assistance can apply through the Payment Assistance Programme forms available on CIMB’s website, contact their Relationship Managers, or visit any CIMB branch nationwide. This initiative underscores CIMB’s dedication to providing timely and practical support to help customers manage their financial commitments and sustain business continuity.

CIMB, one of ASEAN’s leading banking groups, is headquartered in Kuala Lumpur and operates across several countries, including Malaysia, Indonesia, Singapore, and Thailand. The bank’s extensive network and comprehensive services position it as a key player in the region’s financial landscape.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Join The Community

Join The Community

NEWSFLASH

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats.