SMEs with a loan of up to € 2.5 million can obtain a six-month deferment of their loan repayments. Such a deferment is subject to the company essentially being in a healthy position. This has been decided on jointly by ABN Amro, ING, Rabobank, de Volksbank and Triodos. The measure that banks are introducing applies to corporate clients in all sectors who have a loan of up to € 2.5 million. Possible ways of relieving the repayment burden are currently being considered for corporate clients with loans above this amount.
Please note:
Specific forms of finance such as commercial finance, club deals and syndicated loans are excluded. Loans being handled by the Recovery department within Special Asset Management also fall outside the deferment scheme.