Public Bank and Lonpac Insurance today announced a Special Relief Fund of RM1 million as part of their continuous efforts to ease the burden of flood victims.

Public Bank Managing Director, Dato’ Sri Tay Ah Lek said, “This Special Relief Fund will be used for relief payment to lighten the burden of Public Bank's housing loan customers whose residential properties have been badly damaged by the floods.”

The payment will be made to Public Bank's housing loan customers who only have fire insurance policies issued by Lonpac Insurance. “This payment is a gesture of joint goodwill by Public Bank and Lonpac Insurance in appreciation of the loyal and strong support of the valued customers which Public Bank and Lonpac Insurance have enjoyed over the years,” Dato’ Sri Tay added.

On the specific amount or quantum of payment to the affected customers, Public Bank and Lonpac Insurance will determine its amount on a case-to-case basis.

Dato’ Sri Tay also said, “The Special Relief Fund is part of Public Bank and Lonpac Insurance's commitment to assist Malaysians in time of need as socially responsible corporations.”

This Special Relief Fund is in addition to the earlier announced Relief Assistance Programme for flood victims to alleviate their temporary cash-flow problems due to the floods.

Affected customers who require assistance from this Special Relief Fund by Public Bank and Lonpac Insurance are advised to go to the Public Bank branch where they maintain their housing loans.

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For more information contact:

Y.Bhg. Dato' Chang Kat Kiam

Chief Operating Officer

Tel: 03-2176 6131

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