CIMB Singapore extends nCov financial support

The bank will bump up its e-Supply Chain Financing program.

CIMB Singapore has floated financial support for businesses and individuals affected by the coronavirus, according to a news release.

CIMB will bump up its e-Supply Chain Financing program with a limit of up to $100m set aside for available working capital financing support for suppliers on the platform of its e-procurement service provider partners.

In addition, CIMB Consumer Banking will accommodate requests from customers affected by the virus to restructure or reschedule their loans and financing.

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