Bank Rakyat offers a moratorium of up to six months for flood victims in Sabah

KUALA LUMPUR: Bank Rakyat offers special flood assistance, including a moratorium facility of up to six months, to individual and business customers affected by the flood disaster in Sabah.

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This includes the districts of Penampang, Putatan, Tuaran, and Tamparuli.

In a statement today, CEO of Bank Rakyat, Dato’ Dr. Mohammad Hanis Osman, said that as a caring Islamic financial institution, Bank Rakyat is committed to reducing the burdens and difficulties faced by its customers and hopes that this moratorium facility will provide relief to those affected.

“This proactive step taken by Bank Rakyat, which is in line with the values of concern and generosity in the concept of Malaysia Madani, aims to reduce the financial burdens and commitments borne by customers during these challenging times.

“Therefore, customers facing difficulties in making installment payments for subscribed products can apply for this moratorium assistance.

“This includes products such as Personal Financing-i, Home Financing-i, Vehicle Financing-i, Vehicle Lease Financing-i, Education Financing-i, Micro Financing-i, and Pawn Financing-i,” said Dato’ Dr. Mohammad Hanis.

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