Ambank offers temporary payment deferment for customers affected by Wuhan virus

KUALA LUMPUR (Feb 11): Ambank Group announced yesterday that it will offer a temporary deferment or restructuring of instalment repayments for individuals and SME customers who are affected by the novel coronavirus (2019-nCOV) outbreak.

"This is a trying time for everyone in Malaysia, and globally as well. As a caring bank, AmBank is sympathetic towards the plight of our customers, particularly individuals and SMEs who are affected by the 2019-nCoV. AmBank is committed in assisting them during this trying time," said Datuk Sulaiman Mohd Tahir, Ambank's group chief executive officer, in a statement.

Hence, individual and SME customers who are affected by the virus outbreak may approach the bank, which will evaluate their applications, the banking group said.

"In addition to this, AmMetLife and AmMetLife Takaful have introduced supportive financial relief to assist policy owners. Both insurance companies will cover hospital admission due to 2019-nCoV, which the Ministry of Health currently requires treatment to be undertaken at designated government hospitals," the statement added.

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