Payment holidays for more than 1 600 clients approved by Nedbank last year

Contributed by NAMPA.

WINDHOEK, 24 NOV (NAMPA) - Nedbank Namibia approved applications for payment holidays for 1 641 clients by 30 September 2020.
This was revealed by Nedbank Namibia Managing Director Martha Murorua at State House on Wednesday, when the bank’s board of directors and executive committee team paid President Hage Geingob a courtesy visit.
Murorua said 2 271 clients applied for payment holidays or to have their loans and mortgages restructured because the COVID-19 pandemic had affected their incomes. S ...