{"id":17893,"date":"2020-10-12T20:00:00","date_gmt":"2020-10-12T12:00:00","guid":{"rendered":"https:\/\/www.comparehero.my\/blog\/uncategorized\/banking-institutions-to-assist-borrowers-and-customers-in-cmco-and-emco-areas.html"},"modified":"2026-03-26T16:02:08","modified_gmt":"2026-03-26T08:02:08","slug":"banking-institutions-to-assist-borrowers-and-customers-in-cmco-and-emco-areas","status":"publish","type":"post","link":"https:\/\/www.comparehero.my\/blog\/bank-news\/banking-institutions-to-assist-borrowers-and-customers-in-cmco-and-emco-areas.html","title":{"rendered":"Banking Institutions To Assist Borrowers And Customers In CMCO And EMCO Areas"},"content":{"rendered":"\n<h3><strong>Banking institutions are ready to assist borrowers or customers in CMCO and EMCO&nbsp;<\/strong><strong>areas, according to a joint statement released by The Association of Banks in Malaysia (ABM) and Association of Islamic Banking and Financial Institutions Malaysia (ABIM).<\/strong><\/h3> \n<p>Following the <a href=\"https:\/\/www.nst.com.my\/news\/nation\/2020\/10\/631640\/cmco-selangor-kl-putrajaya\" target=\"_blank\" rel=\"noopener\">announcement<\/a> that Sabah, Kuala Lumpur, Selangor and Putrajaya will be placed under a Conditional Movement Control Order (CMCO) due to&nbsp;a nationwide spike in COVID-19 cases, banking institutions across Malaysia would like to emphasise that borrowers or customers in said affected CMCO or&nbsp;Enhanced Movement Control Order (EMCO) areas who face difficulties in making loan or financing repayments should immediately reach out to their banks to request for repayment assistance.<\/p> \n<!--more--><p>In light of the recent events and due to the economic fallout caused by the COVID-19 pandemic, banks are ready to facilitate requests for repayment assistance to suit the borrower&#8217;s or customer&#8217;s financial circumstances.<\/p> \n<p>All they have to do is contact their banks via email or telephone if they are unable to have face-to-face engagements due to restriction of movement.<\/p> \n<p><strong>Related<\/strong>:&nbsp;<a href=\"https:\/\/www.comparehero.my\/banking-finance\/articles\/bnm-receives-500000-applications-for-post-moratorium-assistance\">Bank Negara Malaysia Receives 500,000 Applications For Repayment Assistance Amid Moratorium Conclusion<\/a><\/p> \n<p>For the safety of banks\u2019 customers and employees, banks in the CMCO areas are operating with heightened vigilance and adherence to the COVID-19 standard operating procedures (SOPs).<\/p> \n<p>Customers in the affected areas are also advised to check on their respective banks&#8217; websites for information on any changes in operating hours or arrangements for over-the-counter services.<\/p> \n<p>Regular banking services at all self-service terminals, such as automated teller machines (ATMs) and cash deposit machines (CDMs) are still available for use across all CMCO areas.<\/p> \n<p>The Association of Banks in Malaysia (ABM) has 26 members comprising the conventional commercial banks that currently operate in Malaysia. The main objective of ABM is to promote the establishment of a sound banking system in Malaysia in cooperation and consultation with the regulators.<\/p> \n<p>Established in 1996, the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM) currently has 26 member banks. AIBIM promotes sound Islamic banking system and practice in Malaysia; represents interest of members locally and abroad; provides advice and assistance to members pertinent in the development on Islamic banking and finance at local, regional and global level; coordinates human capital development initiatives, and promotes public awareness<\/p> \n<h2>Where can I go for more information?<\/h2> \n<p>For further information on repayment assistance, members of the public can also<br> contact ABM Connect via the <a href=\"https:\/\/www.abm.org.my\/eabmconnect\" target=\"_blank\" rel=\"noopener\">ABM website<\/a>: or AIBIM at 03-2026 8002\/8003 or via email: staff@aibim.com<\/p> \n<p>Borrowers or customers who are still facing difficulties after consultation with their banks can contact BNMTELELINK at bnmtelelink@bnm.gov.my or call 1-300-88-5465.<\/p> \n<p>Alternatively, borrowers or customers can also seek guidance and explore other options for assistance with AKPK by calling (03) 2616 7766.<br> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Banking institutions are ready to assist borrowers or customers in CMCO and EMCO&nbsp;areas, according to a joint statement released by The Association of Banks in Malaysia (ABM) and Association of Islamic Banking and Financial Institutions Malaysia (ABIM). Following the announcement that Sabah, Kuala Lumpur, Selangor and Putrajaya will be placed under a Conditional Movement Control&#8230;<\/p>\n","protected":false},"author":268230141,"featured_media":1961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_coblocks_attr":"","_coblocks_dimensions":"","_coblocks_responsive_height":"","_coblocks_accordion_ie_support":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[417],"tags":[],"class_list":["post-17893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bank-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.7 - 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To aid vulnerable Malaysians who are struggling with their loans, banks have introduced a\u2026","rel":"","context":"In &quot;Government Policy&quot;","block_context":{"text":"Government Policy","link":"https:\/\/www.comparehero.my\/blog\/government-policy"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-receives-500000-applications-for-post-moratoriumassistance.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-receives-500000-applications-for-post-moratoriumassistance.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-receives-500000-applications-for-post-moratoriumassistance.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-receives-500000-applications-for-post-moratoriumassistance.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bnm-receives-500000-applications-for-post-moratoriumassistance.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":17891,"url":"https:\/\/www.comparehero.my\/blog\/government-policy\/bank-negara-repayment-assistance-to-continue-until-next-year.html","url_meta":{"origin":17893,"position":1},"title":"Bank Negara Malaysia Reassures Borrowers Repayment Assistance To Continue Until Next Year","author":"CompareHero","date":"26 November 2020","format":false,"excerpt":"If your finances are still affected by the pandemic, rest assured knowing that Bank Negara Malaysia (BNM) has confirmed that repayment assistance will extend until 2021. 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Though the continued uncertainty surrounding the country\u2019s\u2026","rel":"","context":"In &quot;Government Policy&quot;","block_context":{"text":"Government Policy","link":"https:\/\/www.comparehero.my\/blog\/government-policy"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bank-negara-repayment-assistance-remains-available-for-borrowers.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bank-negara-repayment-assistance-remains-available-for-borrowers.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bank-negara-repayment-assistance-remains-available-for-borrowers.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bank-negara-repayment-assistance-remains-available-for-borrowers.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/bank-negara-repayment-assistance-remains-available-for-borrowers.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":18359,"url":"https:\/\/www.comparehero.my\/blog\/lifestyle-finance\/mco-malaysia.html","url_meta":{"origin":17893,"position":2},"title":"MCO 3.0 To Be Enforced In 6 Selangor Districts On May 6","author":"CompareHero","date":"4 May 2021","format":false,"excerpt":"[toc] Senior Minister for Security Ismail Sabri Yaakob announced Tuesday in a televised press conference that the Movement Control Order (MCO), which will be enforced in six Selangor districts starting May 6 until May 17. The six Selangor districts affected are Hulu Langat, Petaling, Gombak, Klang, Kuala Langat, and Sepang.\u2026","rel":"","context":"In &quot;Lifestyle Finance&quot;","block_context":{"text":"Lifestyle Finance","link":"https:\/\/www.comparehero.my\/blog\/lifestyle-finance"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/mco-2.0-extended.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/mco-2.0-extended.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/mco-2.0-extended.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/mco-2.0-extended.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/mco-2.0-extended.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":17951,"url":"https:\/\/www.comparehero.my\/blog\/government-budget\/budget-2021-sme.html","url_meta":{"origin":17893,"position":3},"title":"Budget 2022: What&#8217;s In It For SMEs, Startups, E-Commerce?","author":"CompareHero","date":"8 February 2022","format":false,"excerpt":"Budget 2021 brings hope to small and medium enterprises (SMEs), startups and businesses in Malaysia that are affected by the COVID-19 pandemic. Read this article to find out the key highlights and benefits that your business can expect to get from the latest national budget. Many businesses, particularly small and\u2026","rel":"","context":"In &quot;Government Budget&quot;","block_context":{"text":"Government Budget","link":"https:\/\/www.comparehero.my\/blog\/government-budget"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/budget-2021-sme.jpg?fit=1200%2C628&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/budget-2021-sme.jpg?fit=1200%2C628&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/budget-2021-sme.jpg?fit=1200%2C628&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/budget-2021-sme.jpg?fit=1200%2C628&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/rpstagingdot.wpcomstaging.com\/wp-content\/uploads\/2026\/02\/budget-2021-sme.jpg?fit=1200%2C628&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":17932,"url":"https:\/\/www.comparehero.my\/blog\/government-policy\/bnm-assist-individuals-smes-affected-by-covid-19.html","url_meta":{"origin":17893,"position":4},"title":"BNM Announces Additional Measures To Assist Individuals And SMEs Affected By COVID-19","author":"CompareHero","date":"10 November 2020","format":false,"excerpt":"Bank Negara Malaysia (BNM) has recently announced that it will establish additional financing measures to provide relief and support to small and medium enterprises (SMEs), following the release of Budget 2021 by the Ministry of Finance last week. 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