Nedbank announces relief measures for clients affected by COVID-19
Nedbank has announced relief measures to assist clients who might have been hit hard by the COVID-19 Coronavirus.
The bank says it is undertaking to work alongside and support clients with suitable individual solutions to cash flow challenges that they may experience as a result of COVID-19 extends to any loan agreement that clients might have with the bank.
Nedbank Retail and Business Banking Managing Executive, Ciko Thomas says clients can call the bank for arrangements
“Nedbank understands that we have a responsibility to do all we can to play our part in reducing the impact of COVID-19 on our customers, our economy and our country. We are committed to supporting our clients during this time of uncertainty and have a number of solutions available to assist clients in good standing who are impacted by this pandemic,” says Thomas.
Thomas added that the support could include deferring payments (or part thereof) for a suitable period, extending existing loan periods or extending additional credit to manage short term cash flow shortfalls.
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