Q&As Moratorium and guarantee scheme

On 8 December 2020, it was decided to again allow a general deferral of payment for individuals and companies, as well as to extend and prolong the second guarantee scheme for SMEs.

  • Payment deferral: see the Second Charter for mortgage credit deferral and the Second Charter for business credit deferral
  • Second guarantee scheme: it was prolonged until the end of June 2021 andextended to loans with a longer duration, namely up to 5 years. For state-guaranteed loans with a duration of 12 months to 3 years, the nominal maximum interest remains at 2%, plus a guarantee fee of 50 basis points; for state-guaranteed loans with a (longer) duration of up to 5 years, the nominal maximum interest is 2.5%, plus a guarantee fee of 100 basis points.

The Q&A below has been updated to incorporate these new terms and conditions.


These Q&As were drawn up to the best of our ability on the basis of current knowledge and information. It is only the final legal texts that will be binding. The final texts may deviate from these Q&As.

PDF version Q&As – 10 September 2020 (changes compared to version 16 July 2020 in yellow)

PDF version Q&As – 4 January 2021 (changes compared to version 10 September 2020 in yellow)

The federal government, the National Bank of Belgium and the Belgian financial sector have agreed on the provision of temporary support for businesses, self-employed persons and households. Individuals experiencing payment problems as a result of the coronavirus crisis may delay their mortgage loan payments. Sound businesses and self-employed persons can also request postponement of their loan repayments. In their case, two guarantee schemes will also be implemented for new loans and credit lines.

In addition to these Q&As, reference is made to the charters (in French and in Dutch), as well as to the related Q&As in which banks have set out their commitments concerning the arrangements for postponing payments on mortgage loans and business loans respectively.