Regulatory Alerts2020-08-05
Added · Updated
90-day extension of Trade Loans under the Pre-approved Principal Payment Holiday Scheme
The regulator issued this circular on 5 August 2020 to extend the Pre-approved Principal Payment Holiday Scheme for corporate trade loans by 90 days. This measure allows authorized institutions to grant principal payment holidays to corporate customers affected by the COVID-19 pandemic. The extension applies to loans previously approved under the scheme established on 17 April 2020, ensuring continued support for corporate credit risk management during the crisis.
CIR
Current
Issue Date:
05 Aug 2020
20200805-3-EN.pdf (289.5 KB)
Topic:
Credit Risk Management - Corporate credit risk management
Miscellaneous - Covid-19 challenges
Group:
All Authorized Institutions
Directly related Document
Cross referenced Document
Version History
Superseded Document
Directly related Document
CIR
Current
17 Apr 2020
Pre-approved Principal Payment Holiday Scheme for Corporate Customers
Annex: Pre-approved Principal Payment Holiday Scheme for Corporate Customers
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CIR
Current
17 Apr 2020
Pre-approved Principal Payment Holiday Scheme for Corporate Customers
Annex: Pre-approved Principal Payment Holiday Scheme for Corporate Customers
Version History
Superseded Document
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