Banks will give time to postpone bank installments for everyone affected by the crisis of – News of Bahrain- DT News

  • Date: 17-Mar-2020
  • Source: The Daily Tribune - News of Bahrain
  • Sector:Financial Services
  • Country:Bahrain
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Banks will give time to postpone bank installments for everyone affected by the crisis of – News of Bahrain- DT News

Banks will give time to postpone bank installments for everyone affected by the crisis of "Corona". His Highness Sheikh Nasser bin Hamad Al Khalifa said, "The Kingdom of Bahrain has started, thanks to the directives of His Majesty King Hamad bin Isa Al Khalifa, the country's King, His Majesty, may God protect him and sponsor him, and the follow-up of His Highness the Crown Prince to take many brilliant steps to overcome the exceptional stage that the Kingdom is currently going through because Corona Virus Among these steps is the instructions of the Central Bank of Bahrain to banks and banking institutions to postpone the repayment of loans to citizens for a period of six months, which will contribute to finding cash liquidity for every citizen in the Kingdom in order to revive the economic cycle in these exceptional circumstances in addition to reducing the burden on pain.. His Highness Sheikh Nasser bin Hamad Al Khalifa added, "The Bahraini youth own many small and medium enterprises.. In the exceptional period, these institutions need support and assistance in order to continue their work in a normal way, including the instructions of the Central Bank to postpone the repayment of loans for