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Cayman National extends Payment Holiday

Breaking News 25 May, 2020 Follow News

Cayman National extends Payment Holiday

On Sunday evening Cayman National advised their clients that they were renewing the offer of Loan Deferral for another three months.

This latest announcement follows their March statement in which President and CEO, Stuart Dack announced the first three-month deferral to bring relief to their customers where needed.

Acknowledging the continued effects of Covid-19 on the economy, they invited customers wishing to take advantage of the offer, to contact their relationship officer.

This announcement comes on the heels of a question that was asked at a recent CIG Press Briefing to which the Premier responded that it was up to the Banks to make decisions in relations to loan arrangements with their respective customers.

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