ING said mid-March it would allow individual customers with mortgage and consumer loans to postpone loan payments for two months.
At the end of March, the Romanian government adopted a decree allowing borrowers to postpone their bank loan repayments for up to nine months, until the end of 2020.
The bank said it was switching to the government’s scheme which covered all types of loans. It added it would be accepting loan deferral applications via its website until May 14.