Floods in Segamat and Labis - Banks Forced To Close Today
Embargo :31 Jan 2011
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Commercial bank branches in Segamat and Labis, Johor had to close today as a result of the flood situation. For and on behalf of its 10 member banks concerned, The Association of Banks in Malaysia (ABM) says that the situation is being monitored closely and the banks are hoping to reopen soonest for business.
Members of the banking public may obtain updates at ABM’s toll free number, ABMConnect 1-300-88-9980 which is opened from Mondays to Fridays (save and except for public holidays), 9:00 am to 5:30 pm or at the telephone numbers listed below. Tuesday, 1 February 2011 is a public holiday for Wilayah Persekutuan. Hence the public is advised to try to contact the numbers listed on Wednesday, 2 February 2011 in the event they are unable to reach anyone at the numbers listed.
The Association of Banks in Malaysia (ABM)
31 January 2011
About The Association of Banks in Malaysia
The Association of Banks in Malaysia was formed in November 1973 with the primary objective of establishing and promoting a sound banking system in Malaysia in cooperation and consultation with Bank Negara Malaysia. Its members comprise the 23 commercial banks that currently operate in Malaysia.
ABM aims to facilitate, and create a conducive banking environment while promoting orderliness, and ethical banking practices. ABM also pursues wide-ranging issues to assist the industry in its efforts to remain competitive. Policies affecting banking infrastructure, interest rates and clearing system, as well as areas on consumer education, risk management, and human resource development are part of the ABM platform. Member banks’ contributions to socio-economic planning and development of the country are some of the issues that form ABM’s agenda. The public can also call a toll-free service called ABMConnect at 1-300-88-9980 for information on banking issues in the country. For more information, visit www.abm.org.my.
Bank Negara Malaysia
31 January 2011
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