Pandemic drove 28.4 bln of bank loans into moratorium last year

Economy Tags: Budget, NPLs
By Panayotis Tzamaros/Fosphotos
By Panayotis Tzamaros/Fosphotos

The quantity of loans that went into moratorium last year from the end of March stood at 28.4 billion euros, according to an update from the Finance Ministry.

This amount came from 405,473 loans, and suspension of payments for most of these will run through March of this year under the moratorium program. The exceptions are cases where this would exceed the maximum allowed period of nine months, though these ...

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