Italian, UK banks freeze mortgage payments to stabilise virus fallout

Tom Brown

March 10, 2020 02:15 PM

Italy_AdobeStock_575x375_10March20 — Burning candle on the background of the flag of Italy. The concept of mourning and sorrow in the country | HENADZY - stock.adobe.com

Italy has announced a freeze on mortgage payments following the implementation of a nationwide lockdown to deal with the spread of the Covid-19 coronavirus, with RBS offering similar mortgage relief to those affected by the outbreak in the UK.

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Italy Health and Biotech UK EMEA People and Markets Bank Strategy RMBS Securitization ABS FIG People and Markets Europe Securitization People and Markets SRI FIG

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Tom Brown