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The bank’s initiative aims to provide accessible financial services, with an easy online application process that forgoes the need for physical documentation. This service is available starting today, with a competitive fixed interest rate of 4.5% per annum. Borrowers can choose a repayment period of up to ten years, offering flexibility and support to those who may need it.
Effendy Shahul Hamid, CEO of CIMB Group Consumer and Digital Banking, emphasized the bank’s commitment to enhancing financial inclusivity through this program. He stated that the initiative is part of the bank’s broader strategy to deliver accessible financial solutions to meet the needs of its customers.
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