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 Kenya in talks for a $1.5bn commercial loan with UAE Microsoft’s cloud ecosystem to contribute over $74bn to UAE economy in 4 years Hoxton Wealth’s Chris Ball on the company’s rebranding and ambitious goals DIB issues $500m AT1 sukuk at 5.25% profit rate