stream Best viewed with IE10+, Chrome 30+ or Safari 6.0+ (for Apple iOS). KUALA LUMPUR: Banks are anticipated to come up with their own decision on whether to extend the loan repayment moratorium or not once the moratorium ends in … AFFIN AVANCE TM. Interest for individual and SME loans from these banks will not be compounded during the deferment period mandated by Bank Negara Malaysia. Moratorium for up to one year; Flexibility to request extension of trade bills maturing between 18 March to 31 March 2020 for clients with good records; Review to grant additional facilities based on clients’ financing needs for those who need access … Banks are anticipated to come up with their own decision on whether to extend the loan repayment moratorium or not once the moratorium ends in September, says analyst. "There have been requests from those who need more time. 1 Updated on 30 July 2020 FAQ: 1. Invest Unit Trust & ASNB. Loan Vehicle & Property Loans. Interested individuals, SMEs, and corporate customers can apply for the aid under the bank’s Financial Assistance and Instalment Relief (F.A.I.R.) ANNOUNCEMENT. Before each extension, the City Council must hold a public hearing. Affin Bank customers who are affected by the ongoing floods can tap into a six-month moratorium offered by the bank, allowing them to temporarily defer their loan instalments. (C) Copyright 2020 Affin Bank Berhad 197501003274 (25046-T). What is the Targeted Moratorium Extension Program? <>/Metadata 562 0 R/ViewerPreferences 563 0 R>> Affin Bank has surprised everyone with the Affin Duo. Affin Bank offers six-month moratorium for flood victims KUALA LUMPUR, Jan 12 — Affin Bank Bhd and Affin Islamic Bank Bhd are offering customers affected by floods a moratorium of six months under its Financial Assistance and Instalment Relief (FAIR) Programme. <> Phone Number : 03-7626 8899 . a) It is an extension of loan/financing payment deferment program … The current moratorium was established by the November 1, 2016 a) It is an extension of loan/financing payment deferment program for a period of three (3) months from 1 October 2020. b) This program is implemented to assist the borrowers/customers who opted for the six (6)-months moratorium program from 1 April 2020 to 30 September 2020 andwith the following criteria: i. Spend Credit & Debit Cards. For business customers. programme . TARGETED MORATORIUM EXTENSION PROGRAM FOR INDIVIDUAL 1. This campaign seeks to gather those who are facing problems in applying for moratorium extension or assistance from the banks. Save Deposit Accounts. programme . Spend Credit & Debit Cards. Protect Life, … Affin Bank comes up with assistance programme for post-moratorium customers Author: savemalaysia | Publish date: Wed, 5 Aug 2020, 2:55 PM KUALA LUMPUR, Aug 5 — A financial assistance initiative is being rolled out by Affin Bank Berhad and Affin Islamic Bank Berhad for their customers once the six-month loan moratorium ends on September 30. KUALA LUMPUR (March 19): Affin Bank Bhd has announced special relief measures for retail, small and medium enterprises (SME) and corporate clients affected by the COVID-19 outbreak. Invest Unit Trust & ASNB. Bank Negara Malaysia (BNM) has revealed that 40% of approved targeted repayment assistance recipients were granted a moratorium extension, while the other 60% of successful applicants received a reduction in instalments. 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