Under an amended circular issued on September 7, the scope of debts subject to restructuring will included those incurring between June 10, 2020, and August 1, 2021, in addition to those incurring before June 10, 2020.
The restructuring measures include interest and fee exemptions and reductions as well as repayment due date extensions.
The scope of restructuring on the obligations to repay the loan principal and/or the interest will be extended to June 30, 2022, instead of December 31, 2021, as originally stipulated.
Commercial banks will also have another six months, until June 30, 2022, to carry out the restructuring.
