^{Tengku Dato’ Sri Zafrul Aziz, Group CEO, CIMB Group}

KUALA LUMPUR, Dec 23 (Bernama) -- CIMB Bank Berhad (“CIMB Bank”) and CIMB Islamic Bank Berhad (“CIMB Islamic) (collectively “CIMB” or “the Bank”) are providing a six-month repayment relief on various loans and financing products, in an effort to reduce the burden of customers and staff who have been affected by floods nationwide.

The six-month repayment relief would be applicable to:

Charges would also be waived for credit/debit card replacement, statement request or replacement of mutilated passbook and bankers' cheques. CIMB would also expedite the processing of insurance claims due to the floods in affected areas.

Tengku Dato' Sri Zafrul Aziz, Group CEO, CIMB Group said, "We sympathise with the losses and inconvenience faced by our customers and staff in the affected areas during this trying time. We hope that our assistance, by way of a six-month repayment relief and waiver of fee charges, will help ease the burden experienced by flood victims, who would need every bit of support to bring their lives back to normal. Affected customers can also walk in to any of our 234 CIMB branches to get further assistance on the flood relief programme. We will continue to find ways to assist our customers either through our business operations, or corporate responsibility initiatives.”

These repayment relief programmes are implemented annually for the benefit of CIMB customers and staff who have been affected by the floods. CIMB Bank and CIMB Islamic have also put together various initiatives to provide assistance to affected communities in times of need via CIMB Foundation, whose CSR programmes across ASEAN are being financed by up to 1% of the Group’s profit before tax (PBT) for the period 2018 - 2020.

Customers can contact CIMB call centres at 03 - 6204 7788 (for auto loans, home and personal financing and credit cards); or 1-300-88-8828 (for SME loans and financing); or visit the closest branch for further information and assistance on the repayment relief programme.

About CIMB Group

CIMB Group is one of ASEAN’s leading universal banking groups and is Malaysia’s second largest financial services provider, by assets. It offers consumer banking, commercial banking, investment banking, Islamic banking and asset management products and services. Headquartered in Kuala Lumpur, the Group is present in all 10 ASEAN nations (Malaysia, Indonesia, Singapore, Thailand, Cambodia, Brunei, Vietnam, Myanmar, Laos and Philippines). Beyond ASEAN, the Group has market presence in China, Hong Kong, India, Sri Lanka, Korea, the US and UK.

CIMB Group has the most extensive retail branch network in ASEAN of around 720 branches as at 30 September 2019. CIMB Group’s investment banking arm is also one of the largest Asia Pacific-based investment banks, offering amongst the most comprehensive research coverage around 950 stocks in the
region.

CIMB Group operates its business through three main brand entities, CIMB Bank, CIMB Investment Bank and CIMB Islamic. CIMB Group is also the 92.5% shareholder of Bank CIMB Niaga in Indonesia, and 94.8% shareholder of CIMB Thai in Thailand.

CIMB Group is listed on Bursa Malaysia via CIMB Group Holdings Berhad. It had a market capitalisation of approximately RM48.9 billion as at 30 September 2019. The Group has around 36,000 employees located in 16 countries.

SOURCE: CIMB Group 

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Suria Zainal
Head
Group Corporate Communications
CIMB Group Holdings Berhad
Tel: +603 - 2261 0638
Email: suriawati.zainal@cimb.com

--BERNAMA