UOB, OCBC unveil relief measures for Malaysia customers as coronavirus outbreak worsens
They aim to help corporate clients and retail customers with their cash flow squeeze
Singapore
UNITED Overseas Bank (UOB) and OCBC Bank on Friday announced a slew of relief measures for its customers in Malaysia who are affected by Covid-19, as the virus outbreak situation in the country takes a turn for the worse.
Both banks declined to give an estimated cost of the measures but said that the move aims to help corporate clients, in particular small and medium-sized enterprises (SMEs), and retail customers with their cash flow squeeze, and to ease their financial burden during this time.
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