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Bank of Albania suspends loan repayments for 3 months

Bank of Albania suspends loan repayments for 3 months

The Supervisory Council of the Bank of Albania has decided to postpone the payment of loan installments for three months by three months.

According to ABC News, the decision was made a short time ago and provides loans for businesses and individuals.

ABC News reporter said the decision involves businesses and individuals.

Their loan installments will not be forgiven, but payments will be deferred for three months. The decision was taken in consultation with commercial banks. It is expected that the decision of the Supervisory Council of the Bank of Albania will be revealed during the day to see its specifics.

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