Taking into consideration the current situation caused by the coronavirus pandemic and having the aim to assist the customers in overcoming their financial difficulties, the Bank announces that till June the 30th inclusive:
The above mentioned points are not applicable to the loans for which the Bank has received and approved credit holiday applications and for which specially restructured repayment schedules have been defined.
Starting from 01 July 2020, the accrual of all penalties defined by the loan agreements will be resumed, along with classification of overdue liabilities and the provision of information on overdue customers to ACRA credit bureau.
In order to avoid credit burden accumulation and subsequent ramifications, we encourage you to repay all due liabilities accumulated and not repaid till June repayment day as per the loan repayment schedule.
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