Support Scheme From Greek Banks Against COVID-19 Outbreak In Greece

The Greek banks have recently unveiled new measures to combat the impact of COVID-19 as listed below:

NATIONAL BANK of GREECE (NBG) measures:

• For medium and large sized companies, a deferral of the principal instalments due between March 1st 2020 and December 31st 2020 with an increase on the following instalments or deferral of such instalments until the end of the loan period or of the loan maturity. NBG has renewed all credit lines expiring within the first semester of 2020 until the end of June 2020.
• For small and medium sized companies, a deferral of all principal instalments due between March 1st 2020 and December 31st 2020 with a deferral of the loan maturity upon request. Renewal of all credit lines expiring until the end of May 2020 and for three months following their expiration for all small and medium sized companies, including the self-employed.