KUALA LUMPUR (July 12): Bank Islam Malaysia Bhd is currently assisting 108,936 accounts with a total outstanding financing amount of almost RM12.63 billion under its PEMULIH Repayment Assistance (PRA) package, since its roll out on July 7, 2021. 

The bank said the numbers consist of 108,846 individual accounts with an outstanding financing amount of RM12.6 billion, as well as 90 applications from micro and small and medium enterprise (MSME) customers involving RM29.43 million.

Chief executive officer Mohd Muazzam Mohamed said the repayment assistance will temporarily relieve the financial constraints of customers and allow breathing space to reassess their financial standing. 

"The bank has always been proactive in engaging our customers to identify their needs and providing the support required to help them make an informed decision best suited for their prevailing condition," he said in a statement on July 11.

In supporting the government’s National People's Well-Being and Economic Recovery Package (PEMULIH) initiative, PRA allows eligible customers to choose either a six-month moratorium or 50 per cent monthly instalment reduction for six months. 

Application is open for customers from the B40, M40 or T20 groups, as well as MSMEs affected by the pandemic.

The application under PRA is open until further notice. 

For more information, customers may visit www.bankislam.com, call the Bank Islam Contact Centre at 03-26 900 900, or email the bank at [email protected].

Get the latest news @ www.EdgeProp.my

Subscribe to our Telegram channel for the latest stories and updates 

Click here for more property stories