Due to the economic crisis that brought about the coronavirus pandemic in the country, different banks have decided to freeze for three months all housing, consumer and microcredit debts.
Applying these measures for clients, natural and independent persons. Both fees and interest will be frozen. Additionally, those who are most affected by this situation may request that their housing debt be frozen for up to six months.
The terms for credit card advances from 18 to 24 months. For new international purchases, the term changes from 24 to 36 months. Advances in foreign ATMs from March 18 will also be automatically deferred to 24 months.
For staple products in drugstores, clinics and hospitals, ambulance services, supplies and equipment for hospitals, supermarkets, sauce shops, meat sales and health food stores, credit card rates are reduced below 1%.
It is possible to extend up to 36 months the term of national purchases and the advances that have been made in physical branches and bank correspondent.
