KUALA LUMPUR, Nov 23 (Bernama) — CIMB Bank Berhad and CIMB Islamic Bank Berhad (collectively “CIMB” or “the Bank”) has introduced its Expanded Targeted Payment Assistance programme (“Expanded TPA” or “the Programme”), in line with the government’s recent announcement on additional assistance to B40 and microenterprise borrowers who have been affected by the pandemic.
Under the Expanded TPA, eligible borrowers under the following categories will be able to apply for a deferment of monthly instalments for 3 months or a 50% reduction in monthly instalments for 6 months:
