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4 June, 2020, 5:13 pm
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4 June, 2020, 5:13 pm Central - 25°C Rain
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BSP arranging reliefs packages to assist customers who have been affected by COVID-19

BSP arranging reliefs packages to assist customers who have been affected by COVID-19

By Dhanjay Deo
Wednesday 01/04/2020

Bank of South Pacific says it is arranging relief packages on a case by case basis to assist customers who have been affected by the evolving nature of COVID-19.

BSP Fiji says for personal loans, there will be six months principal and interest holiday.

For car loans, there will be six months principal and interest holiday. There will be a repayment holiday of up to 6 months on credit cards and six months principal and interest holiday on home loans.

It says maturity term will be extended by a commensurate term of the suspended repayment period.

BSP Fiji says for business customers, there will be principal and interest holidays for up to six months.

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