Portuguese banks may need to halt loan repayments for longer than six months, say CEOs
Portugal’s biggest banks have
suspended repayments on loans worth about 19 billion euros
($20.6 billion) for six months to help those hit by the
coronavirus crisis and a further extension could prevent a jump
in bad loans, chief executives said.
suspended repayments on loans worth about 19 billion euros
($20.6 billion) for six months to help those hit by the
coronavirus crisis and a further extension could prevent a jump
in bad loans, chief executives said.
Posted by Reuters
