Bridge scheme activated as banks look to avoid second-wave NPL increase

EconomyBanking Tags: Banking, Covid, Loans, NPLs
Photo by MacroPolis
Photo by MacroPolis
The ‘Bridge’ scheme for mortgage subsidies, which will subside up to 90 percent of payments from eligible individuals, has been activated as part of a number of mechanisms to relieve pressure on borrowers hit by the coronavirus pandemic.

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