SBS has temporary measures to flexibilize the payment of loans for debtor members of Coopac affected by the El Niño phenomenon

SBS has temporary measures to flexibilize the payment of loans for debtor members of Coopac affected by the El Niño phenomenon

Under exceptional and temporary circumstances that may temporarily affect the payment capacity of debtor members of Savings and Credit Cooperatives Not Authorized to Collect Public Funds (Coopac) with good credit behavior, the Superintendency of Banking, Insurance and AFP (SBS) reported that Coopac are authorized to modify the original contract conditions, adapting them to the new expected income flows of the debtor member.

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