Credit vacation for co-owners during martial law
We would like to inform you that the PrivatBank has introduced credit holidays for associations of apartment building co-owners for the period of martial law.
In particular, preferential terms apply to co-owners participating in the Energodim program implemented by the Energy Efficiency Fund.
Mandatory payments, in particular, repayment of the loan and interest will be postponed to June 1, 2022. Overdue credit will not be formed.
"In order to support associations of co-owners of apartment buildings and housing cooperatives in martial law, PrivatBank announced from March 1 to June 1, 2022 credit holidays, under agreements for which there were no arrears or arrears of no more than 90 days," - it is said in the message of the financial institution.
Other banks also plan to introduce such measures to support co-owners. Contact banks directly for this information.
More about the Energodim program – at the link: https://energodim.org/