In its efforts to alleviate the financial burden of flood victims, Alliance Bank Malaysia Berhad (Alliance Bank) today announced that it will be offering Flood Relief Assistance comprising options of a loan moratorium of up to six months, loan repayment modifications, and waivers of fees and charges for customers and businesses that have been affected by the flood situation.
“We recognise the challenges that our customers and employees are facing following the recent floods. As The Bank For Life, we are ready to provide support when it matters most. We urge those affected to get in touch with us to discuss their circumstances and the support available through our Flood Relief Assistance programme,” said Kellee Kam, Group Chief Executive Officer of Alliance Bank.
The Flood Relief Assistance is now open for applications until 31 March 2027. It offers payment relief on eligible Consumer, SME, Commercial and Corporate Banking conventional loans and Islamic financing facilities.
The Bank will also waive fees and charges for selected services such as replacement of debit cards, ATM cards, cheque books and passbooks lost or damaged during the flood.
