Hong Leong Bank Covid 19
Hong leong bank berhad hlb or the bank will be assisting its small and medium enterprises customers smes which are adversely affected by the covid 19 outbreak to sustain their business operations through bank negara malaysia s bnm special relief facility srf that has a an industry wide rm2 billion allocation.
Hong leong bank covid 19. The schemes will help businesses for their singapore operations mitigate the impact caused by the coronavirus outbreak. While we have seen early positive signs in controlling the spread of covid 19 in malaysia through the movement control order mco uncertainty is still in the air and this will have an impact on our socio economic activities for some time to come. The fbm klci settled down 3 6 points or 0 23 at 1 587 18 during bursa malaysia s afternoon break today as global shares fell with investors evaluating the economic impact from the rising number of covid 19 cases hong leong capital bhd s hlcap share price fell on the first day of trading today as share trade resumed after a suspension since march 26 2015 at bursa s 12. Be aware and take note of these 5 tips to protect yourself and.
Without a fixed deposit commitment. Get up to date announcements and information from us on hong leong islamic bank s covid 19 financial relief schemes moratorium. At hl bank we value your relationship with us. Outlook negative mon 13 apr 2020 6 21 am et fitch ratings singapore 13 apr 2020.
Kuala lumpur nov 13. Covid 19 announcements and information existing loan financing deferment program for individuals and smes launched on 1st april 2020 on 1 st april 2020 hlb and hlisb introduced the hlb hlisb loan financing deferment program for eligible individuals and business sme customers whereby auto deferment of your monthly instalment payment obligations are offered for 6 months commencing 1 st april. Singapore 19 february 2020 hong leong finance hlf today announced that it will roll out covid 19 loan relief schemes to support small and medium sized enterprises smes and individual customers affected by the covid 19 outbreak. Enjoy higher interest rate of up to 0 78 p a.
A branch of hong leong bank berhad in singapore. Fitch downgrades hong leong bank to bbb on coronavirus risks. At hl bank we ride the tide with you to overcome the impact of covid 19 find out more higher returns and flexibility with isavings account. Hong leong is taking public safety measures at its takaful headquarters in petaling jaya following confirmation of a covid 19 case among its employees.
Fitch ratings has downgraded malaysia based hong leong bank berhad s hlbb long term issuer default rating idr to bbb from a and its viability rating vr to bbb from a. Scammers are making use of the covid 19 situation to prey on vulnerable victims. From 2 nov 2020 smes with credit facilities with more than 1 lender may tap on the extended support scheme customised ess c to restructure their credit facilities.