Commercial Banks Offer Packages to Costumers
There is some good news from the private sector and that is that commercial banks are offering packages to customers who are facing hard times ahead. The banks are extending financial assistance programmes to customers. The Belize Bank package includes a moratorium on loan instalments, reduced loan payments, free waiver or loan payments and other incentives to personal and business accounts. Scotia Bank is offering deferred loan payments for six months and the Atlantic Bank programme includes deferred loan payments for three months. Customers are advised to work out plans with the banks.