Deferral of Loan Payments for Borrowers Displaced by COVID-19 Pandemic
Published: Tuesday March 24th, 2020
The Central Bank of The Bahamas has arranged with domestic banks and credit unions to provide a 3-month deferral against repayments on credit facilities for businesses and households that were negatively impacted by the COVID-19 pandemic. This accommodation will be revisited in June 2020, for appropriate changes that may still be warranted.
