OCBC Bank has asked its customers who have been adversely affected by the recent floods in the country to get in touch with the Bank if they need to discuss potential relief or restructuring measures in relation to their existing loans or financing schemes.
While not offering a blanket moratorium, the bank is instead offering support on a case-by-case basis with a view to determining what works best for the customer.
Chief Executive Officer Tan Chor Sen said the Bank is committed to supporting every customer who is adversely affected by the floods and is calling on them to stay positive during these challenging times. “The floods affecting various parts of the country have placed many in a difficult situation, and we must attend to the issues arising from it collectively as a community. With this, we urge all our customers not to hesitate to reach out to us if they have been affected, knowing that help is at hand,” he said.
