The Bank of Mauritius has clarified announced moratoriums on loans by commercial banks in the country.
Aimed to combat the adverse effects of the COVID-19 pandemic, the moratoriums are deferments of repayment of capital and interest, where applicable, on loans for a specified period of time.
According to the regulator, borrowers wishing to benefit from the moratoriums must apply to their respective commercial banks.
Further details can be found here.
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