Banks make repayment deferrals possible for companies and private individuals as much as possible

In a letter to parliament On Friday, March 20, Wopke Hoekstra will report on his appointment with the banking sector on March 19. The minister spoke with the chairmen of ABN AMRO, ING, Rabobank, Triodos, Volksbank and the chairman of the Dutch Banking Association (NVB). It was a conversation about the consequences of the coronavirus for the real economy.

The banks intend to help mainly (smaller) healthy companies through this crisis. These five (system) banks have therefore agreed that they can grant companies a six-month deferral of repayment obligations.

In addition, Rabobank also announced on March 23 that both private individuals and companies will be given the opportunity to postpone their debt repayments in connection with the corona crisis.

In addition to these Dutch actions, the European Union has also introduced various measures to assist entrepreneurs. This runs through the so-called stability fund. From the EU perspective, this is primarily a supplementary emergency fund, but it can be a good addition to, for example, credits.

If there is additional information from the banking industry and the European Union, we will inform you.