Because of the state of emergency with the coronavirus, the banking institutions have decided to be understanding and forthcoming for citizens and companies that have debts in banks and savings banks. They shall be given an opportunity for deferred payments and the banks and savings banks are offering many opportunities. These are: deferred payments, grace period for loan payments, payment prolonging for a longer period, lower interest rates and others.
This will refer to all credit products, hire purchase, housing, mortgage, vehicle loans and other, for credit cards, for approved exceeding and for loans for companies, with a goal to help the citizens and companies to easily overcome the current shock and to have a capacity to pay their obligations.
