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According to public broadcaster TDM, the city’s de facto central bank said it had consulted with the banking sector and confirmed that banks would adopt a collaborative approach when addressing loan repayment terms, even in cases where borrowers had breached loan conditions.
During the pandemic, Macau’s banks, under government guidance, introduced an “interest-only, principal-deferred” loan relief programme aimed at easing financial stress on SMEs. Under the scheme, borrowers were only required to make interest payments, with principal repayments deferred. The four-year measure concluded at the end of 2024.
Read more in Macau News Agency
