Restructuring loans

Extending Loan Maturity

Loan maturity can be extended up to 30 years without changing the other material terms and conditions of the loan agreement.

Programme effectiveness
The programme is effective for 15-20 yearloans. Leverage is reduced by 10-15%.For 20-25year loan borrowers the extended maturity period will reduce leverage by no more than 3%.

Loan Payment Holidays

Loan payment holidays enable borrowers to reduce the amount of monthly payments. Reduction depends on the duration of holidays.

3 months — 30% of loan payment
4 months — 40% of loan payment
5 months — 50% of loan payment
6 to12 months — 60% of loan payment.

Programme effectiveness
The programme enables borrowers to reduce leverage. It is effective for borrowers facing temporary financial difficulties such as lost jobs or maternity leave.

Changing late payment penalty write-off priorities

Changing write-off priorities:

1. Amount of principal overdue
2. Amount of interest and fees overdue
3. Amount of fines and penalties accrued

Programme effectiveness
For overdue repayment borrowers. The programme enables borrowers to quickly repay their debts without building up their obligations.