“For individual customers with consumer and mortgage loans who are temporarily affected by the Covid-19 pandemic and directly request support measures, the bank may postpone loan payments for two months,” the bank said in a statement.
ING Bank is the second local bank to announce loan payment deferrals for individual customers after Banca Transilvania. State-owned Banca Romaneasca and CEC Bank have announced similar support measures.
For SMEs and micro-enterprises facing working capital problems during this period, the bank said it will approve three-month renewals of working capital financing facilities.