CIMB COMMITS RM2.5 MILLION IN COMMUNITY AID; OFFERS 6 MONTHS PAYMENT RELIEF TO CUSTOMERS AFFECTED BY FLOODS

KUALA LUMPUR, Dec 2 (Bernama) -- CIMB Group Holdings Berhad (“CIMB” or “the Group”) is pleased to announce its commitment to help its customers and Malaysians who have been impacted by the recent floods across Malaysia. Individual, SME and micro SME customers who have been impacted by the floods, can apply for a six-month payment relief on loan and financing products to help alleviate their financial burden under the “CIMB Flood Relief Assistance Plan”.

CIMB Bank Berhad (“CIMB Bank”) and CIMB Islamic Bank Berhad (“CIMB Islamic”) have simplified the process and as such, customers only need to provide their basic information to apply for the Flood Relief Assistance Plan. In addition, late charges and fees for impacted customers will be waived. SME customers who are impacted by the floods and may require additional cashflow assistance on top of the payment relief, can apply for a Disaster Relief Facility of up to RM700,000 at a preferential financing rate.