The Central Bank revealed that the number of customers who benefited from the economic support plan, along with those whose loan installments were postponed outside the plan, has reached 320 thousand customers so far.

The Central Bank said in a statement that the banks postponed installments of customers outside the support plan, amounting to eight billion dirhams, pointing out that the banks had withdrawn, so far, 44 billion dirhams of liquidity facilities amounting to 50 billion dirhams, representing 88%.

In detail, the Central Bank stated, in a statement, yesterday, that «its board of directors held its sixth meeting for the year 2020 via video calling, the day before yesterday, where it reviewed the use of the comprehensive economic support plan directed, and noted the progress made in the process of withdrawing from liquidity facilities, and payment delays that Banks granted it to eligible clients, ”explaining that“ the percentage of banks operating in the country withdrawn from the liquidity facilities granted to them, amounted to about 88% of the total facilities amounting to 50 billion dirhams, equivalent to 44 billion dirhams of the financing granted to them to date. ”

He added that the number of banks that used the economic support plan reached 26, of which 17 banks withdrew 100% of the funding granted to them, while the total number of clients who benefited from the support plan reached more than 140 thousand customers, from the facilities of the comprehensive economic support plan.

According to the central statement, the council also reviewed the details of support to customers outside the scope of the comprehensive economic support plan, as the number of beneficiaries reached more than 180,000, by postponing loans with a total value of about eight billion dirhams.

In addition, the Board of Directors of Al-Markazi took note of all the measures that have been adopted to face the repercussions of the "Covid 19" epidemic from liquidity facilities, guidelines and directives to banks to support the affected clients.

The council reviewed reports on monitoring the financial system, tests of the ability of the banking sector in the country to withstand pressure and overall financial developments.

The Council continued the discussion of the remaining topics on its agenda, and other emerging issues, and took appropriate decisions thereon.

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