KUALA LUMPUR, June 5 — MBSB Bank Bhd has approved 76,139 financial relief applications, including restructuring and rescheduling facilities for small and medium enterprises (SMEs) nationwide, with a gross balance of RM9.13 billion as of May 31.
The Malaysia Building Society Bhd subsidiary said it is ready to assist individual and business customers as the recent implementation of movement control order (MCO) 3.0 might prolong the financial distress of those affected.
“We acknowledge that the implementation of the MCO 3.0 has affected some of our customers. We are dedicated to support them during these challenging times and we will ensure assistance can be applied in a simplified manner,” it said in a statement today.
The bank said this is in line with Prime Minister Tan Sri…
