QDB Defers All Corporate Loan Payments for Three Months
Doha, March 30 (QNA) - Qatar Development Bank (QDB) announced the deferral of all due payments on corporate credit facilities and financing programs for its clients, granting a three-month grace period with no additional interest or fees.
In a statement on X, the Bank said that this step comes as part of its measures to support the private sector and ensure business continuity amid current conditions.
The bank had recently launched a package of financing and advisory programs, in cooperation with relevant entities, aimed at supporting companies and factories in the food, healthcare, and complementary industries, in light of ongoing regional developments. (QNA)
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