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VTB to give up to 3-mo grace period to borrowers affected by epidemic

MOSCOW, Mar 23 (PRIME) -- Russia's second biggest lender VTB plans to provide a three-month grace period on loans to the people who suffered, including financially, by the coronavirus epidemic, the bank said in a statement on Monday.

"Among such measures is the postponement of repayment of the loan products (both core debt and interest) for the clients who had to take sick leaves or bore financial losses due to the quarantine or unpaid holidays amid the outbreak of coronavirus. The grace period can be provided for up to three months," the bank said.

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23.03.2020 10:25