Business

Bank of Cyprus Supports Farmers with Payment Suspension

γραφικό ΤΡΑΠΕΖΑ ΚΥΠΡΟΥ Αναστολή δόσεων και στήριξη στους πληγέντες κτηνοτρόφους

Bank of Cyprus: Payment Suspension and Support for Affected Farmers

The Bank of Cyprus is here for farmers hit by foot-and-mouth disease. To help its customers, it has announced a support package aimed at those directly affected.

These measures are designed to help customers and provide the cash flow they need right now.

Suspension of Payment Installments

Customers can suspend their installments (both principal and interest) for up to 12 months.

  1. Eligible: Customers who are directly affected and qualify for state support.
  2. Condition: This applies only to serviced loans.

Liquidity Enhancement

The Bank of Cyprus offers special liquidity solutions to help affected businesses recover quickly. These solutions aim to cover immediate needs and ensure business continuity.

Support Line “Here2Help”

If you want to use these measures or need more information, please reach out to the Bank’s support team:

The Bank of Cyprus stands by its customers, actively supporting their efforts for a quick recovery that benefits both their businesses and the economy.