SMEs get six-month repayment delay for loans. ABN Amro, ING, Rabobank, de Volksbank and Triodos have decided that together to ease the pressure on smaller enterprises.
The scheme applies to smaller enterprises with financing of up to €2.5 million. The condition is that these companies are fundamentally sound. For companies with financing higher than EUR 2.5 million, the need for measures is also being examined.
The banks can handle this crisis for the time ahead, ABN chief Kees van Dijkhuizen said on NOS Radio 1 News. They have enough fat on their bones, according to Van Dijkhuizen, even if the crisis continues for another three to six months. "Last time in the crisis, we as banks were part of the problem. Right now, we are emphatically part of the solution."