Banks agree to further extend loan repayment periods for people affected by Covid-19 – TheLiberal.ie – Our News, Your Views

Banks agree to further extend loan repayment periods for people affected by Covid-19




Ireland’s five main banks (AIB, Bank of Ireland, PTSB, Ulster Bank, and KBC) have agreed to further extend the loan repayment periods for those people caught up in the Covid-19 pandemic.

The banks had already granted a three-month moratorium, which has now been extended to six.

Meanwhile, lockdown measures are likely to remain in place for some time, as the number of Covid-19 cases is still deemed to be ‘too high.’

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