KUALA LUMPUR, June 4 (Bernama) — In line with the announcement by YAB Prime Minister Tan Sri Muhyiddin Yassin on 31 May 2021, Agrobank welcomes the initiative taken by the Government on the targeted moratorium on bank financings under Pemerkasa Plus which will be extended until the end of December 2021. This financing assistance will be granted for those affected, to provide financial relief to individual and small and medium enterprise (SME) customers during MCO 3.0 due to COVID-19.
Commented on the announcement, Khadijah Iskandar, Covering President / Chief Executive Office of Agrobank said, “Agrobank welcomes the measures announced by YAB Prime Minister and given the recent resurgence of COVID-19 cases in Malaysia, the bank recognises that it is even more crucial now to render financial assistance to affected individuals, especially those who have lost their income or whose income has been significantly reduced, and to business customers whose operations have suffered an adverse impact.”
