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BNB extends deadline for deferral of liabilities payable to banks due to coronavirus pandemic

The Bulgarian National Bank (BNB) is extending the deadline for submission of applications by clients of commercial banks for deferral of liabilities payable to banks until September 30, 2020. The deadline for moratorium on liabilities of bank customers is extended until March 31, 2021. Extension of deadlines concerns deferral of liabilities payable to banks for which applications had not been submitted before June 22, 2020. The extension of deadlines comes after the Governing Council of BNB decided on July 9, 2020 to implement the guidelines of the European Banking Authority. 




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