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Home ECONOMY

Development Bank issues call for grace period extension within ‘Covid 2’ rescue package

June 11, 2021
in ECONOMY, NEWSROOM
Development Bank issues call for grace period extension within ‘Covid 2’ rescue package
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The Development Bank of North Macedonia on its website has announced a public call for extension of the grace period and the repayment period of loans within the ‘Covid 2’ rescue package.

The public call will be open for 7 days, until June 18 – the last day to submit application for extension of the grace period and the repayment period for 12 months.

“The public call enables loan beneficiaries within the ‘Covid 2’ credit line to apply for extension of the grace period and the repayment period, as part of the measure within the fifth stimulus package. The public call is in accordance with a decision on amending the decision on the conditions and criteria for re-placement of foreign assistance compensation funds, published in the Official Gazette of North Macedonia,” says the Development Bank.

Loan users from the ‘Covid 2’ credit line need to submit an application to the Development Bank within seven days. The application form is attached to the public call, and is submitted electronically.

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