24 April 2020 - 3 min Reading time
Three weeks after the announcement of the payment deferral measures, individuals and businesses continue to turn to banks in large numbers. As a reminder, individuals can request a payment deferral for their mortgage for up to six months if they meet certain conditions. Viable businesses and self-employed individuals can get a deferral on capital payments until October 31, 2020. Additional loans are also available for companies facing payment difficulties.
As of April 22, banks had granted more than 66,000 individuals a payment deferral for their mortgage.
This represents a total underlying loan volume of 6.9 billion euros or 104,000 euros per loan.
Payment deferrals were granted more than 96,000 times for business loans. This represents a total underlying loan volume of 13.8 billion euros or 142,000 euros per loan for businesses.
Banks expect to receive more requests for payment deferrals and new business loans in the coming weeks and months. These requests will be processed as quickly as possible. The banking sector urges individuals and entrepreneurs to contact their bank promptly if they are facing payment problems. Banks are ready to assist them with advice and action.
An overview of the figures can be found in the Coronamonitor.