News
- 05.08.2010
In late June suspended loans to 24,000 households for 3.2 billion
Between February and June 2010, banks had outstanding loans of 3.2 billion euros to about 24 thousand families. The measure was applied to 23,793 mortgage contracts, for an outstanding debt of 3.2 billion. The more liquidity to address the crisis, has reached a market share of 155 million euros. Each family will therefore available on average 6,800 euros more. These monitoring data on the suspension of loans.In detail, the most frequent solution for the suspension of operations covered the entire installment (90% cases). The most common cause that led to the need to use this opportunity to position "performing loans" (no late payments) was suspended from work or reduction (Cig, mobility etc.).. In positions with late payments, however, the termination of employment. From the perspective of "territorial", the highest number of applications is admitted to the North with 58.5%, followed by South and Islands with 22.2% and 19.3% center.
In particular, the Agreement on suspension of payments to pay off the loan signed last December between ABI and consumer associations, aims to offer an immediate means of helping families. The main features are:
- Suspension for at least 12 months, even to customers with payment delays of up to 180 consecutive days;
- Loans of up to 150,000 euros on for the purchase, construction or renovation of the main;
- Clients with taxable income up to $ 40,000 per year, which have been or are in the years 2009 and 2010 events, especially negative (death, loss of employment, conditions of occurrence of self-sufficiency, input redundancy).
The initiative is the minimum to which banks can participate, subject to the full freedom of each institution to offer customers better terms than provided in the Agreement. To date 172 banks have offered conditions for improvement, representing 64% of the market. The Plan started on 1 February, and customers may submit a request to activate the suspension until January 31, 2011, with reference to events that occurred from January 2009 to December 31, 2010.
(Source: ABI)