The Hellenic Bank Association announces the decision of its member-banks to extend, due to the adverse effects of COVID-19, existing measures to support Greek economy
Greek banks, members of the HBA, committed to active, immediate and effective support for the Greek economy, and given the flexibility provided by the competent supervisory and regulatory authorities, have decided to extend the support measures for businesses and individuals, directly and indirectly affected by the current crisis, and to provide facilities for the payment of their loan instalments until 31st December 2020.
In particular, for legal entities and individuals proven to be affected by the crisis, Greek banks will suspend capital and/or interest-free instalments until 31st December 2020. In general, as regards the terms and conditions, HBA’s past announcements dated 17th and 19th March 2020 apply. For further information, all interested parties are urged to contact their bank, by submitting relevant request.
