CIMB Singapore offers more relief to retail clients amid Covid-19

Singapore

CIMB Bank Singapore is extending its relief package to help consumer banking customers tide over the coronavirus outbreak, following the Monetary Authority of Singapore's support measures announced last week.

For individuals taking a mortgage loan with CIMB, they can defer payment of monthly instalments for HDB, commercial and private property loans in Singapore, as well as for overseas mortgage loans in Australia, London and Malaysia up till Dec 31, 2020. This is available on an opt-in basis as long as the account is no more than 90 days past due as at April 6, CIMB said in a statement on Monday.