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The end of the credit moratorium, a challenge for companies

2020-09-25T20:17:43.474Z

Suspended since the start of confinement, the repayment of bank loans resumed at the end of September.One of the crutches put in place to support businesses will soon be removed. As expected, the postponement of loan repayments until six months, decided by the banks in March, will end from next week. Read also: An aborted recovery for small and medium-sized businesses? At the time, some establishments automatically applied this emergency measure to all their customers, others responded to their



One of the crutches put in place to support businesses will soon be removed.

As expected, the postponement of loan repayments until six months, decided by the banks in March, will end from next week.

Read also:

An aborted recovery for small and medium-sized businesses?

At the time, some establishments automatically applied this emergency measure to all their customers, others responded to their request.

In total, two million customers have benefited, without penalties, allowing them to postpone 20 billion euros in loan repayments (80% of which for companies), according to calculations by Accenture.

The tourism sector (hotels, restaurants, etc.), particularly affected by the health crisis, has benefited from a six-month freeze on loan repayments.

In other sectors, all companies should start paying their monthly installments as normal from October.

But they will not have to settle the six months of frozen reimbursements in one go: the total duration

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Source: lefigaro

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