Second deferral of monthly credit liabilities in Halkbank AD Skopje

In the past period in times of crisis, HALKBANK AD Skopje in practice proved to be a bank for which people are really important, demonstrating the same through the support of the population as seen from the placements made in the population segment with the most favorable market conditions.

Having in mind the prolonged effects of the Covid crisis, guided by its basic principle "PEOPLE MATTER", HALKBANK AD Skopje to all those who have an objective need for further easing of the financial burden due to the Covid crisis, offers a second period of deferral for repayment of liabilities, based on credit exposure of the population.

The second deferral period refers to a deferral for an additional 6 months. It covers all clients of the Bank, natural persons who on 29.02.2020 had a credit exposure in the bank, were classified in "A", "B" or "C" risk category and did not have the status of non-performing credit exposure. The postponement also refers to the credit exposures approved by the bank in the period 01.03.2020 to 24.03.2020.

The second period of delay refers to the clients-natural persons affected by the Covid crisis and have an objective need for further easing of the financial burden due to the Covid crisis. For this purpose, clients-natural persons must meet at least one of the following criteria:

  • Reduced monthly income of the borrower and/or co-borrower by at least 10% compared to the income before the start of the Covid-pandemic.
  • Termination of employment of the borrower and/or co-borrower and/or spouse, in the period starting from March 2020;
  • Treatment costs for Covid - 19 of the borrower and/or co-borrower and/or spouse.

The Bank, based on the available information in its records, will contact the clients that meet at least one of the criteria electronically, by submitting an offer to change the contractual conditions for credit exposures of natural persons. Customers for whom the bank does not have a valid e-mail address will be notified by SMS. All contacted clients should respond to the offer by submitting a response to the following email of the bank: covid19@halkbank.mk. The contacted clients should state whether they accept the offer within 10 days from the announcement of the offer on the bank's website. Acceptance of the offer should include the name and surname of the client, date of birth and an explicit statement from the client that they accept the offer of the Bank. If they do not respond to the offer within the stated deadline, it will be considered as they rejected the offer and will continue with regular repayment of the liabilities based on the credit exposures.

The offer refers to the postponement of the repayment of all credit liabilities (loans, credit cards and allowed overdrafts on the transaction account) for a period of 6 months and extension of the maturity date for annuity credit exposures for an additional 6 months. Acceptance of the offer will mean deferral of credit obligations on the basis of all credit products used by the client in the bank.

Permanent orders for settlement of credit liabilities will be deactivated and will not make a reservation of funds on the transaction account, for customers who will inform the Bank that they accept this offer. The customer should also inform its employer, so they would not act on administrative prohibitions.

Customers – natural persons who will not be contacted by the bank, that consider that they meet at least one of the criteria above, can contact the bank with a request for deferred repayment of monthly obligations (on a form published on the bank's website) online on covid19@halkbank.mk or by visiting its home branch (in the branch where the credit exposure was initialy opened), within 10 days from the announcement of the offer on the bank's website, by attaching documentation for meeting the stated criteria. These requests will be considered on an individual basis.

Documentation required to determine the fulfillment of the criteria:

  1. 1. Transaction account statement for the period from the beginning of 2020 until the last date (if the client does not receive the salary in Halkbank),

  2. 2. Proof of termination of employment (M1/M2 Form),

  3. 3. Medical documentation for costs for treatment of covid-19 (01.03.-31.08.2020)

The bank may request other documentation required to determine compliance with the deferral criteria.

Deferrals of credit liabilities after the expiration of the Decree (20.09.2020) will be implemented by signing annexes to the credit exposure agreements and annexes to the agreements for establishing the provision of those credit exposures.

Delays will be made no later than 30.09.2020.

Clients who will accept the offer, ie will request a deferral of liabilities based on credit exposures, can request to continue with regular repayment of liabilities before the expiration of 6 months, for which they should submit a request to the home branch.

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