BEC says customers and businesses are not obliged to pay interest rates for once after three months

BEC says customers and businesses are not obliged to pay interest rates for once after three months

Central Bank of Kosovo leaders at a media conference on financial sector developments following the presentation of the Individual 19 Pandemi stressed that both the countries and the CEC have taken a set of measures for customers at this time of pandemic. However, BEC Governor Fehmi Mehmeti said there is also expected to be a decline in credit [...]

However, BEC Governor Fehmi Mehmeti said there is also expected to be a decline in credit and a blow from the Coronavirus to the decline of remittances.

But, according to him, the banks have sufficient liquidity and assured that the money is disinfected.

“is expected to drop economic growth. The most stable category will be public spending”, Mehmeti said.

He has clarified that individual clients and businesses are not obliged to pay interest rates for once, according to him, for the next three months.

While asked by the media what the number of those who have applied for postponement of credit installments is, Mehmeti said they do not have an exact number, except that he singled out complaints from banks, who are calling for postponement of those who are not having financial difficulties.

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