Spanish banks are providing a three-month loan moratorium for those affected by severe floods.

Spanish banks are offering a three-month loan moratorium for mortgage holders, self-employed individuals, and small businesses impacted by severe floods in southeast Spain, which have resulted in at least 217 deaths. This initiative aims to provide financial relief during a crisis described as the worst flooding in decades. Banks are also collaborating with the state-credit agency to explore further support measures for affected families and businesses.

November 05, 2024
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