{
  "id": 11638194,
  "title": "Financial institutions ready to assist families of Nepal flood victims",
  "url": "https://urgent.news/2026/10/03/financial-institutions-ready-to-assist-families-of-nepal-flood-victims",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-03T08:16:06.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/news/nation/2026/10/1546821/financial-institutions-ready-assist-families-nepal-flood-victims"
  },
  "original_language": "en",
  "account": "Financial institutions in Malaysia are prepared to provide relief and support to families affected by recent floods along the border between Nepal and China, according to the central bank, Bank Negara Malaysia (BNM). The assistance may include deferments of repayments, waivers of fees and charges, and flexibility in documentation requirements while legal processes are finalized. The banks may also prioritize processing and validating policy or certificate status, expedite payment of insurance and takaful claims, and offer other tailored forms of support to affected families. Next of kin of affected Malaysians are advised to contact relevant financial institutions for appropriate help. Bank Negara Malaysia will collaborate with these institutions to ensure prompt provision of support to those impacted by the tragedy.",
  "summary": "KUALA LUMPUR: Financial service providers stand ready to extend appropriate relief and support to the families of victims affected by the recent floods along the Nepal-China border, in line with applicable laws and regulatory requirements, said Bank Negara Malaysia (BNM).",
  "key_points": [
    "Malaysian banks ready to assist flood-affected families in Nepal",
    "Support may include repayment deferrals, fee waivers, and flexible documentation",
    "Banks to prioritize policy claims processing and payment of insurance/takaful claims"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "New Straits Times",
        "title": "'Don't make us second victims': Nepal flood families demand central bank debt relief",
        "url": "https://urgent.news/2026/10/03/dont-make-us-second-victims-nepal-flood-families-demand-central-bank",
        "published": "2026-10-03T09:39:28.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}