Damascus-Sana
The board of directors of the Popular Credit Bank issued a decision today to postpone the repayment of loan installments of owners of professional and professional events and solar energy loans due in the months of April and May and June next so that their entitlement becomes after the maturity of the last installment for each loan.
The bank confirmed in the decision that Sana received a copy of it not to include loans for people with low incomes, civilian and military, and durable goods loans to postpone the installments because the payment of the installments of these loans is based on the pledge of the discount signed by the management accountant or accredited in the institutions and public agencies and deducted from the wages of workers and is transferred from He accepted them to the bank accounts.
According to the decision, the Board of Directors agreed to postpone the payment of the housing loan granted to workers in the Popular Credit Bank, which is due in the months of April, May and June of the current year, because the payment of most of these installments is in cash and is not related to the wage.
According to the decision, those who were deferred to pay their loan installments can continue to pay these installments if they wish to do so, so that the installments are paid on their new due dates.
According to the decision, the deferred installments do not entail any commissions, fines, or delaying benefits, and the bank’s branches are required to provide the public administration with the names of the customers whose due installments were postponed during the delay period.
This decision was based on a decision by the Monetary and Credit Council issued about a week ago that includes allowing operating banks after studying the cash flows of borrowers from them within the framework of procedures to address the Corona virus by postponing the installments due to customers for a period of three months from its date.