How will bank debts be repaid in times of crisis? The National Bank of Serbia (NBS) has introduced a moratorium on loans. Who wants it, doesn’t have to pay any debts in the next 90 days. But what about further wars. According to the banks’ calculations, they will be slightly higher after the repayment delay.
Bankers for N1 say this increase will not be significant. And why it’s coming to it.
As bankers explain for N1, a delay in repayment does not mean a delay in settlement. The accrued interest will be allocated to the remaining annuities (installments).
The NBS also gave such clarification.
“In relation to the regular (contractual) interest accrued by the bank during the downtime, it is attributable to the debt and is distributed evenly over the remaining maturity”, the NBS said.
