Karatzas and Partners Law Firm

Greek Banks adopt payment relief measures for debtors affected by the COVID-19 pandemic.

Further to an industry wide decision of the Hellenic Bank Association (HBA) members on March 19, 2020 to suspend any loan instalments payable within three (3) months from its decision for certain affected categories of debtors and in light of the regulatory calls to support the economy, Greek banks further elaborated their response to the ongoing economic outfall caused by the COVID-19 pandemic, offering the consensual payment relief measures summarized in the following link: PDF