The financial sector has undertaken to allow companies and individuals with payment problems as a result of the corona crisis to defer payments.
Initially, payments (from April 2020) could be deferred for up to six months, which was subsequently extended until the end of the year (see the first Charter for business credit deferral and the first Charter for mortgage credit deferral).
In December 2020, it was decided to allow general deferrals of payments for businesses and individuals once again (see the second Charter for business credit deferral and the second Charter for mortgage credit deferral), on condition that the combined deferrals granted under the first and second Charter never exceed 9 months. In February 2021, it was also decided to authorise the second Charter for business credit deferral for due dates up until 30 June 2021, and to grant additional credit deferral to sound enterprises/organisations that already benefited from a maximum credit deferral of 9 months under the first and/or second Charter for business credit deferral (see the third Charter for business credit deferral).
For a detailed explanation, reference is made to the relevant Charters and the Q&A below.