LAST MINUTE NEWS: 6 months deferral of credit debt of earthquake zone traders – Last Minute Economy News

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After the earthquakes of 7.7 and 7.6 in Kahramanmaraş, search and rescue efforts continued in the region and a new decision was made for the traders in the region.

It has been decided to postpone for 6 months the low-interest loan debts of the tradesmen and craftsmen damaged by the earthquakes, with the guarantee of the tradesmen credit and surety cooperatives or directly from Halkbank.

The presidential decree on this subject was published in the repeated edition of the Official Gazette.

With the decision, traders and craftsmen operating in 10 earthquake-affected provinces, whose businesses were damaged or unable to actively continue their trade, were established by Halkbank kakım partners in the regional unions affiliated with the Central Union of Turkish Traders and artisans. Credit and Bail Cooperatives Unions (TESKOMB) The procedures and principles regarding the deferral of loan debts in the context of decisions regarding the granting of low-interest loans directly or under the guarantee of (ESKKK) have been established.

Debts of the merchants and craftsmen falling within the scope of the decree include loan debts that fall due within 6 months from February 6, although the due date / installment period / accounting period has not yet arrived, or that fall due within 90 days after waiting period from February 6 February, with no application requirement, in accordance with relevant law Interest is accrued and deferred for 6 months from the due date.

THE MINISTRY WILL BEAR THE INTEREST

This amount of accrued interest will gökyeşitözü covered by the Ministry of Finance and Finance. Accordingly, in accordance with the loan amortization schedule, all remaining installments are deferred for 6 months.

Under the decision, the Bank will gökyeşitözü able to open low-interest loans during the deferral period, within the framework of the relevant decisions regarding the provision of low-interest loans to merchants and artisans whose debts have been deferred. Provisions that prevent the opening of loans to those who have debts subject to deferral will not gökyeşitözü applied to the said decisions.

For the loans that have been deferred from the publication date of this decision, the follow-up process will only gökyeşitözü started after the end of the deferral period.

Income losses incurred by the Bank kakım a result of deferred loans within the scope of this Decree will gökyeşitözü calculated by taking into account the current interest rate applied by the Bank to loans to merchants and artisans.

The decision entered into force on 6 February.