BSP arranging reliefs packages to assist customers who have been affected by COVID-19

Bank of South Pacific says it is arranging relief packages on a case by case basis to assist customers who have been affected by the evolving nature of COVID-19.

BSP Fiji says for personal loans, there will be six months principal and interest holiday.

For car loans, there will be six months principal and interest holiday. There will be a repayment holiday of up to 6 months on credit cards and six months principal and interest holiday on home loans.

It says maturity term will be extended by a commensurate term of the suspended repayment period.

BSP Fiji says for business customers, there will be principal and interest holidays for up to six months.