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Almost 160,000 Mortgage Payment Breaks Granted.

: 07/09/2020 - 13:43

Almost 160,000 payment breaks have been granted to borrowers during the Covid-19 crisis.

New Central Bank Figures show this represents more than 20 billion euro in mortgages, personal and business loans.

Banks and financial institutions have approved close to 95 thousand mortgage breaks.

The Central Bank says it's focused on ensuring lenders support borrowers in distress and deliver sustainable solution to help them return to repaying their debt when they can.

 

 

Stock image: Shutterstock

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