The banking sector announces a moratorium for those affected by the DANA storm

November 4, 2024
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  • The moratorium would be for three months, extendable, for loans to individuals, self-employed workers and small businesses
  • Banking institutions are already adopting different individual measures to support those affected by the DANA storm

The associations AEB, CECA and Unacc reiterate their deepest condolences to the families and loved ones of the victims of the floods caused by the DANA storm, and regret the material losses suffered.

The sector is preparing a three-month moratorium, extendable, for loans to individuals, self-employed workers and small businesses. This proposal has been submitted to the Minister of Economy, Trade and Business for legal implementation. In addition, it is in contact with the Official Credit Institute (ICO) to outline other support measures for those affected.

Likewise, the associations express their commitment to offer maximum support and the best responses to the different situations of need with the objective of restoring normality as soon as possible.

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