2020-07-13

A circular dated July 13, 2020 regarding responding to bank inquiries regarding precautionary measures to confront the Corona virus.

The letter, dated June 13, 2020, addresses the precautionary measures to be taken in response to the effects of the coronavirus pandemic. It references previous communications, including a circular issued on March 11, 2020, and subsequent clarifications and amendments, and emphasizes the importance of providing written responses to queries from banks, which will be published on the Central Bank's website. The letter also includes a comprehensive list of frequently asked questions and their corresponding answers, aiming to standardize the implementation of the directives across the banking sector.

Tags
monetary
credit