The basic and general model that banks propose is that the interest incurred in the previous period be distributed to the rest of the debt whose repayment will be extended for the duration of the moratorium on repayment.
Today, the second delay in loan repayment, which lasted in August and September, expires, and banks are obliged to send clients a draft repayment plan with alternatives in writing or electronically, while they will be able to respond to banks within seven days.
Debtors who, after the expiration of the second moratorium on repayment of obligations to banks, do not ask the bank for any of the specially offered options, automatically agree to the repayment plan proposed and submitted to them by the bank, the Association of Serbian Banks announced.
The basic and general model that banks propose is that the interest incurred in the previous period be distributed to the rest of the debt whose repayment will be extended for the duration of the moratorium on repayment.
The alternatives offered by banks are to pay arrears with interest at once and for clients to continue repaying according to the previous plan, ie to pay only interest, and to extend the loan repayment period by the number of installments for which the moratorium was valid.
The second moratorium, which lasted for two months, was accepted by 82% of citizens and 69% of companies, and the total value of suspended obligations is almost one billion euros, Srbija Danas reports.
