Malaysian banks offer repayment relief to Nepal landslide victims

KUALA LUMPUR, October 23 — The Association of Banks in Malaysia (ABM) announced that its member banks are providing repayment deferments and flexible payment arrangements to alleviate the financial strain on families impacted by the landslide in Nepal, including those whose loved ones are still missing. ABM issued a statement yesterday, revealing that assistance had been accessible since early October 2026, with member banks reaching out to the affected families.

"We acknowledge the immense distress and uncertainty faced by the families and next of kin," ABM stated. "Their well-being remains our utmost priority, and we commend the efforts of all parties striving to secure appropriate support for them." ABM emphasized that member banks have appointed contact persons to assist affected next of kin, coordinate their requests, and aid with the required documentation and administrative procedures.

"ABM and its member banks remain dedicated to collaborating constructively with Bank Negara Malaysia (BNM) and all relevant parties to support the affected families with care, compassion, and respect," ABM concluded.