Extension of the term of the sectoral agreement on the deferral of financing operations

June 22, 2020

On June 17, 2020, the European Banking Authority (EBA) agreed to extend, until September 30, 2020, the deadline for the application of the Guidelines on legislative and non-legislative loan repayment moratoria applied in light of the COVID-19 crisis (https://eba.europa.eu/eba-extends-deadline-application-its-guidelines-payment-moratoria-30-september).

Following the extension agreed by the EBA, as referred to in the preceding paragraph, AEB proceeds to communicate, in accordance with the provisions of the second paragraph of Stipulation Five of the Sectoral Agreement, the extension of the term of the Sectoral Agreement until September 29, 2020.

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