Where is the Central Bank, when it comes to payment holidays?

MrEarl

Registered User
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2,691
Hello,

Right or wrong, I'm hearing that the Banks have been asking the Central Bank to temporarily ease off on how they interpret loan arrears, but apparently there's no response from the Central Bank.

If what I'm hearing is correct, a key issue is with regards to how existing loans that are granted payment holidays of more than 3 months are to be considered, and by extension how much capital must be set aside to cover them.

Anyone know more ?
 
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