Digital lender launches loan relief program for borrowers

CIMB Bank Philippines has introduced a financial assistance program to support qualified loan customers facing economic challenges.

The bank said the initiative comes as rising fuel costs and higher prices of basic goods continue to put pressure on household budgets. To help ease this burden, CIMB Bank PH is reaching out to eligible borrowers through its official channels to offer payment relief options.

These options include lower monthly payments and debt restructuring, which aim to make loan repayments more manageable for customers.

According to Vijay Manoharan, the program is designed to help individuals and businesses cope with uncertain economic conditions. He said the goal is to provide practical support, improve cash flow, and give customers greater confidence as they manage their finances.

CIMB Bank PH added that it will continue to support its customers by offering programs that promote financial stability and help Filipinos stay on track with their financial goals.

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