In the context of the “COVID-19” pandemic and of the repercussions it might have on Luxembourg companies, SNCI - Société Nationale de Crédit et d’Investissement - decided to suspend the reimbursement of capital for the quarterly terms of March 31st, and June 30th of all its outstanding direct and indirect loans. No action from clients is required.
The duration of all loans benefitting from said moratorium is automatically prolonged for 6 months.
SNCI will continue to closely monitor the evolution of the crisis and will take additional measures in favor of its clients.