CIMB to disburse RM12 bil loans to B40 sector over 2 years

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The bank is assisting them through its low rate of 2.9% per annum under Bank Negara Malaysia’s Fund for Affordable Homes.

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd aim to disburse at least RM12 billion to the bottom 40 income-earners group as home, auto, Amanah Saham Bumiputera and personal financing for the period 2019-2020.

“We will continue to find ways to assist the B40 segment, whether through our business operations, or corporate responsibility initiatives,” he said in a statement today.

 

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CIMB to disburse RM12b to B40 for cars, ASB and homes | Malay MailKUALA LUMPUR, April 7 ― CIMB Bank Berhad and CIMB Islamic Bank Berhad have pledged at least RM12 billion for the B40’s access to facilities such as home, auto, ASB and personal financing for this year and next year. In a statement, CIMB pointed out that the B40 segment made up a significant...
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