The Qatar Central Bank has announced measures to support borrowers affected by current conditions, allowing banks to offer clients the option to defer loan installments and interest payments for up to three months.
The central bank stated that such deferrals will be implemented in accordance with each bank’s internal policies and supervisory guidelines.
It also affirmed that it will continue to closely monitor global, regional, and local developments, and will take appropriate actions when needed to maintain financial stability and ensure the smooth functioning of markets.
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