UOB, OCBC unveil relief measures for Malaysia customers as coronavirus outbreak worsens

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.