KUALA LUMPUR: Agrobank is intensifying efforts to help small and medium enterprises in agriculture industry to overcome the impact of coronavirus outbreak on their finances.
Agrobank said this was in response to the financial analysts and rating companies’ warning about market volatility in the global economy.
Agrobank covering president and chief executive officer Khadijah Iskandar said the bank valued its long-term relationships with the clients and had always worked closely with them to support their financial needs in different circumstances.
“We will work with them to review their current situation and identify appropriate arrangements.
“On top of it, we will be offering temporary relief measures to help our clients. The measures will depend on their business needs and will be determined on a case-by-case basis,” said Khadijah.
Agrobank believes these measures would help relieve some of the pressures from its clients due to the outbreak and help them get through this difficult time.
She said Agrobank had maintained a constant dialogue with businesses to understand how the economic headwinds may be affecting their financial situations.