Take decision for bank debts of earthquake victims

Opportunity to postpone bank debts of earthquake victims

In the Turkish Association of Banks (TBB) statement, it has been decided that bank customers, who were exposed to the negative effects of the earthquake on the regional economy and whose solvency was negatively affected, would defer the maturity of their debts. to banks, which expire or expire in 6 months, from today to 6 months, upon their request.

In the statement issued by the TBB it was indicated that “the following decisions of principle have been taken as a recommendation”:

* Postpone the maturity of debts with banks or that expire within 6 months to 6 months from today, at the request of bank clients who were exposed to the negative effects of the earthquake on the regional economy and whose solvency was affected negatively,

* In addition, advise our affiliates in the payment of debts and/or provide financing opportunities, and provide them with the additional facilities necessary to be evaluated based on each client,

* Inform the Members of the Risk Center in order to show due sensitivity regarding credit risk, loan payment, promissory note operations and checks of clients who have a domicile/workplace or account at the branch of the place where force majeure occurred, within the framework of the force majeure regulation of the Risk Center,

* It was decided to inform the public about bank customers who document having been affected by the incident in accordance with the regulations, in order to transfer their requests to the banks.

Turkey earthquake bank

Source: Sozcu

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