Banks gave 3-months delays on paying loans totaling 52 billion soms

AKIPRESS.COM - The National Bank of Kyrgyzstan issued recommendations to all commercial banks on three-month delay in interest and principal debt payments, said Deputy Prime Minister Erkin Asrandiev at the parliament. Recommendations are being implemented.
"According to estimates, the banks received 46,000 applications for three months of deferral of loans for a total of 52 billion soms. No penalties will be applied if there will be a delay in payment within 3 months. The interest and principal debt payments will be distributed for the remaining period," Asradiyev said.