The Agency for Banking of FB&H adopted the decision on the extension of temporary measurement for reprogramming loan obligations of people, aiming to facilitate the obligations of debtors.
The deadline for submitting applications is extended for one year, meaning until 31 December 2014. Reprogramming or rescheduling of loan obligations means an extension of the deadline for repayment of loans for at least 12 months, thus reducing the loan rates.
The agency announced that this decision was made to reduce the consequences of the global financial crisis. They add that citizens and legal subjects were given the opportunity to apply for reprogramming of loan obligations since 2009, in cases of job loss or due to a significant reduction in salary or irregular income, under the condition that the loan should be paid within 90 days.
According to indicators on the overall levels of rescheduled loans in the last three quarters of 2013, rescheduled loans on 30 September 2013 amounted to 43 million BAM.
(Source: Fena)
