Home GCC Bahrain Bahrain central bank extends loan repayment deferrals on Covid crisis The option to postpone installments is to be offered to all customers residing in the kingdom, whether individuals or companies by Bloomberg December 31, 2020 The Central Bank of Bahrain asked banks and financing firms to defer loan repayments for an additional six months starting January, in a move aimed at helping borrowers hurt by the coronavirus crisis. The option to postpone installments is to be offered to all customers residing in the kingdom, whether individuals or companies, the central bank said in a circular issued to banks on Tuesday. The only exception is amounts owed on credit cards and loans transferred to the court. The bank will reassess the continuation of such measures in 2021. Read: Bahrain to pay private sector salaries with $570m Covid-19 relief package Tags Bahrain Bahrain Central Bank Covid-19 crisis Defer Economy finance Government loan 0 Comments You might also like Top marks for GCC nations in digital connectivity index Key trade deal brings UAE, Mauritius closer together Bahrain notched up 2.45% growth in third quarter of 2023 Has UK economy entered a recession? Q3 data suggest so