National Bank announces six-month suspension of loan repayment plans

Measures regarding automatic deferred loan repayment will take effect from April 1, for a maximum of 6 months. To enjoy this delayed amortization period, lenders must not default on the bank for more than 90 days before April 1.

It is important to note that interest / profit will continue to accrue and borrowers will need to repay deferred payments in the future. Individuals and SMEs who do not want or need to take advantage of this delayed loan, they can contact the relevant bank to continue to pay the current loan method.

There are a chart of the interest calculation at below.

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