The banking sector is ready to offer repayment assistance for borrowers affected by the floods, Finance Minister Tengku Zafrul Tengku Abdul Aziz (above) said today.

“Further details will be announced by the Association of Banks in Malaysia (ABM), the Association of Islamic Banking and Financial Institutions Malaysia (AIBIM), the Association of Development Finance Institutions Malaysia (ADFIM) and the banks involved, soon," he said in a statement today.

This is the outcome of discussions between the Ministry of Finance (MoF) and Bank Negara Malaysia, ABM, AIBIM, and ADFIM.

– Bernama

Floods leave scores stranded at highways and malls in Selangor

Floods leave scores stranded at highways and malls in Selangor

Selangor floods: 'Only staircase left of our family home'

Selangor floods: 'Only staircase left of our family home'

Over 21,000 evacuated by noon as floods worsen

Over 21,000 evacuated by noon as floods worsen

Govt to provide RM100m in post-flood repairs of homes, infrastructure

Govt to provide RM100m in post-flood repairs of homes, infrastructure

Bersatu launches flood relief fund to help victims – Muhyiddin

Bersatu launches flood relief fund to help victims – Muhyiddin

Five routes in KL closed, traffic diverted

Five routes in KL closed, traffic diverted

Pos Malaysia apologises for delayed deliveries due to floods

Pos Malaysia apologises for delayed deliveries due to floods