Repayment flexibility with extension of trade loans/financing payment period for 30 days for commercial banking and global banking customers; days, and the second for an additional one (1) year. a) It is an extension of loan/financing payment deferment program for a period of three (3) months from 1 October 2020. b) This program is implemented to assist the borrowers/customers who opted for the six (6)-months moratorium program from 1 April 2020 to 30 September 2020 andwith the following criteria: i. In a statement, the bank said the relief includes financing restructuring and rescheduling, as well as a moratorium on loan repayments for up to six months. Annual Reports |Customer Service Client Charter | Customer Care  | Treat Customers Fairly Charter |  Privacy Notice What is the Targeted Moratorium Extension Program? World Bank Recommends For Malaysia’s Retirement Age To Be Gradually Raised To 65 Save Money With Hann #SaveMoneyWithHann: Saving Smart While Interest Rates (and OPR) Are Low Semua Maklumat Adalah Hakcipta Terpelihara © 2020 Affin Bank Berhad 197501003274 (25046-T) dan Affin Islamic Bank Berhad 200501027372 (709506-V) 7. endobj 1 Updated on 30 July 2020 FAQ: 1. Affin Bank offers six-month moratorium for flood victims KUALA LUMPUR, Jan 12 — Affin Bank Bhd and Affin Islamic Bank Bhd are offering customers affected by floods a moratorium of six months under its Financial Assistance and Instalment Relief (FAIR) Programme. A Regular Meeting of the City Councilwas held in the Council Chamber, Pico Rivera City Hall, 6615 Passons Boulevard, Pico Rivera, California. Interested individuals, SMEs, and corporate customers can apply for the aid under the bank’s Financial Assistance and Instalment Relief (F.A.I.R.) Save Deposit Accounts. Bank Islam Malaysia Bhd chief economist Dr Afzanizam Abdul Rashid said the moratorium extension shows that the Government is trying to strike a delicate balance between supporting the need of the affected groups and the health of banks’ finances, which is also crucial to the Malaysian economy. IMPORTANT NOTICE: ENHANCED PAYMENT ASSISTANCE MEASURES. In a statement, the bank said it is offering a moratorium of up to six months and restructuring and rescheduling of financing facilities for retail customers who subscribed to mortgages, hire purchase, credit cards, education financing, ANSB financing and personal financing. Dear Valued Customers, We are pleased to inform that further enhancements will be made to our Payment Assistance programme, in line with the announcement made by the Minister of Finance during the … AFFIN AVANCE TM. For business customers. Targeted Moratorium Extension Program for Individual 2. For business customers. a) It is an extension of loan/financing payment deferment program … programme . The Financial Assistance and Instalment Relief (FAIR) programme is aimed at those who have been impacted by the ongoing Covid-19 pandemic, and is a specially customised and supportive financial assistance … Targeted Moratorium Extension (deferment of payment until Dec 2020) Letter of termination of employment /contract in 2020; Financial Assistance Instalment Relief Program (deferment of payment & R&R) 1. Protect Life, … Save Deposit Accounts. %PDF-1.7 What is the Targeted Moratorium Extension Program? <> Email: HLonline@hlbb.hongleong.com.my. 4 0 obj 14 January 2021 - New Operating Hours Of Self-Service Terminals During Movement Control Order (MCO) 12 January 2021 - Banking Operations for Branches and Hubs during MCO, CMCO & RMCO 12 January 2021 - NOTICE: CHANGE OF SHARIAH CONCEPT FOR AFFIN BARAKAH CHARITY ACCOUNT-i 12 January 2021 - TEMPORARY CLOSURE OF AFFIN BANK MENTAKAB BRANCH 06 January 2021 - Combo … 2,275 FORTY-FIVE DAY MORATORIUM FOR CONVENIENCE STORES AND LIQUOR STORE USES Recommendation: The City Council will consider an extension to the current moratorium to 10 months and 15 days pursuant to California Government Code Section 65858 for convenience stores and liquor store uses. What is the Targeted Moratorium Extension Program? Email: sme@hlbb.hongleong.com.my. Additionally, at least ten days prior to the expiration of any extension, the City Council must issue a public report describing the actions taken by the City to alleviate the conditions necessitating the moratorium. endobj KUALA LUMPUR: Banks are anticipated to come up with their own decision on whether to extend the loan repayment moratorium or not once the moratorium ends in … If you wish to know more, please contact us at: For individual customers. Out of the blue, the bank can now lay claim to having some of the best cashback credit cards in town. Financial Assistance and Instalment Relief (FAIR) Program / Targeted Extension Moratorium Program AFFIN DUO Application Form AFFIN Cards Golf Challenge Entry Form Before each extension, the City Council must hold a public hearing. AFFIN AVANCE TM. Explore Endless Possibilities. Maybank announces 6-month moratorium on loan payments Separately, Malayan Banking Bhd (Maybank) said it is offering financial relief for customers who are affected by the coronavirus. The tenure extension is offered to further ease your financial burden with a more manageable monthly instalment for a longer period, after the 3-month deferment ends. programme . Affin Bank offers six-month moratorium for flood victims KUALA LUMPUR, Jan 12 — Affin Bank Bhd and Affin Islamic Bank Bhd are offering customers affected by floods a moratorium of six months under its Financial Assistance and Instalment Relief (FAIR) Programme. The current moratorium was established by the November 1, 2016 <> TARGETED MORATORIUM EXTENSION PROGRAM FOR INDIVIDUAL 1. Affin Hwang Capital Research analyst Loong Chee Wei said some quarters who are affected by the pandemic to the point of losing their job would be given the moratorium, but it would not be a blanket order. This campaign seeks to gather those who are facing problems in applying for moratorium extension or assistance from the banks. Best viewed with IE10+, Chrome 30+ or Safari 6.0+ (for Apple iOS). According to Affin Hwang Capital Research analyst Loong Chee Wei, those who are affected by the pandemic to the point of losing their job should be given a moratorium extension… Affin Bank customers who are affected by the ongoing floods can tap into a six-month moratorium offered by the bank, allowing them to temporarily defer their loan instalments. Based on the Executive Orders, the Governor obtained informal agreements from Citigroup, JPMorgan Chase, U.S. Bank, Wells Fargo, and nearly 200 state-chartered banks, credit unions, permitting a 90-day informal moratorium on recording foreclosures and/or grace period to make mortgage payments for Californians economically impacted by Covid-19. Loan Vehicle & Property Loans. !=�Jq��X�Rx��~,�e��կ��_q%}�1�_����H�q�M�^�:8�KnR�,����͸0��Hr�^{����>�v��j�aY�=�B��|w Eϸǹϔwy \�H�ǁ�"��g� ����y�_��:����.����)�2W�~�k�?o. Email: sme@hlbb.hongleong.com.my. Loan Vehicle & Property Loans. endobj More banks have come forward to say that they will not be charging compounding interest on their loans during the six-month moratorium period: Hong Leong Bank, Public Bank, Affin Bank, CIMB, Agrobank, and BSN. <>/ExtGState<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/Annots[ 22 0 R 23 0 R 24 0 R] /MediaBox[ 0 0 595.32 841.92] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> The Financial Assistance and Instalment Relief (FAIR) programme is aimed at those who have been impacted by the ongoing Covid-19 pandemic, and is a specially customised and supportive … KUALA LUMPUR, June 30 — Banks are anticipated to come up with their own decision on whether to extend the loan repayment moratorium or not once the moratorium ends in September, says analyst. Salary earner i-Akaun (EPF statement) with details of monthly contribution; or; Two (2) month salary slip – before & after salary deduction; or  |   PIDM's DIS Brochure (as per NRIC / Passport / Business Registration), Financial Assistance and Instalment Relief (FAIR) Program / Flood Relief Program (FRP). Spend Credit & Debit Cards. (C) Copyright 2020 Affin Bank Berhad 197501003274 (25046-T). 1. According to Affin Hwang Capital Research analyst Loong Chee Wei, those who are affected by the pandemic to the point of losing their job should be given a moratorium extension… Besides the Affin Duo, there’s the Affin Visa Signature and its 3% cashback for contactless transactions with … 2 0 obj The extension of the moratorium and targeted help on certain loans are expected to have an impact on banks, but the actual amount will depend on the respective banks and the customers’ loan portfolio mix, according to bankers and analysts. Explore Endless Possibilities. TARGETED MORATORIUM EXTENSION PROGRAM FOR INDIVIDUAL 1. Semua Maklumat Adalah Hakcipta Terpelihara © 2020 Affin Bank Berhad 197501003274 (25046-T) dan Affin Islamic Bank Berhad 200501027372 (709506-V) 7. "That is why (business) chambers, (commercial) associations and even employees union had been advocating for an extension of the loan moratorium at least until the end of 2020," he said. a) It is an extension of loan/financing payment deferment program for a period of three (3) months from 1 October 2020. b) This program is an extension of the existing six (6)-months automatic moratorium announced in March 2020 on the same terms and with the following … Tuesday, February 27, 2018 . Affin Bank comes up with assistance programme for post-moratorium customers Author: savemalaysia | Publish date: Wed, 5 Aug 2020, 2:55 PM KUALA LUMPUR, Aug 5 — A financial assistance initiative is being rolled out by Affin Bank Berhad and Affin Islamic Bank Berhad for their customers once the six-month loan moratorium ends on September 30. TARGETED MORATORIUM EXTENSION PROGRAM FOR INDIVIDUAL 1. Affin Bank has surprised everyone with the Affin Duo. Loan Vehicle & Property Loans. Interested individuals, SMEs, and corporate customers can apply for the aid under the bank’s Financial Assistance and Instalment Relief (F.A.I.R.) 1 0 obj KUALA LUMPUR (March 19): Affin Bank Bhd has announced special relief measures for retail, small and medium enterprises (SME) and corporate clients affected by the COVID-19 outbreak. stream Your next monthly repayment/ payment is due in October 2020. Banks are anticipated to come up with their own decision on whether to extend the loan repayment moratorium or not once the moratorium ends in September, says analyst. Banks are anticipated to come up with their own decision on whether to extend the loan repayment moratorium or not once the moratorium ends in September, says analyst. With effect from 9 November 2020 until 6 December 2020, ALL AFFINBANK and AFFIN ISLAMIC BANK Branches in Sabah and Peninsular Malaysia (excluding Perlis, Pahang and Kelantan) will operate in accordance with the revised times below for the duration of the Conditional Movement Control Order (CMCO)..... Click here In a statement, the bank said it is offering a moratorium of up to six months and restructuring and rescheduling of financing facilities for retail customers who subscribed to mortgages, hire purchase, … Invest Unit Trust & ASNB. Affin Hwang Capital Research analyst Loong Chee Wei said some quarters who are affected by the pandemic to the point of losing their job would be given the moratorium, but it would not be a blanket order. "That is why (business) chambers, (commercial) associations and even employees union had been advocating for an extension of the loan moratorium at least until the end of 2020," he said. <>/Metadata 562 0 R/ViewerPreferences 563 0 R>> "There have been requests from those who need more time. Protect Life, … Invest Unit Trust & ASNB. a) It is an extension of loan/financing payment deferment program for a period of three (3) months from 1 October 2020. b) This program is an extension of the existing six (6)-months automatic moratorium announced in March 2020 on the same terms and with the following … Affin Islamic Bank Berhad 197501003274 ( 25046-T ) each extension, the Bank can now claim... For Apple iOS ) Affin Bank has surprised everyone with the Affin Duo Hakcipta... 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