Regulation, Risk & Compliance
Uncategorized
The Central Bank: Banks & finance companies may defer personal and car loans installments for six months to overcome the repercussions of the weather condition
The Central Bank has issued a notice to all banks and insurance companies to allow the deferral of repayment of instalments of personal and car loans for customers affected by the repercussions of the weather condition for a period of six months. The deferral shall be without imposing additional fees,…
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Source: Central Bank