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The Request for a Grace Period was Satisfied for all Customers

The Request for a Grace Period was Satisfied for all Customers

2020-04-01

MBC, as a company with high social responsibility, in connection with the claim for the grace period, satisfied applications of all customers who applied for such period.

According to the decision of MBC, the 3-month grace period will affect both the loan principal and the interest rate and will be in force until July 1, 2020. It notable that this grace period will not cause the loan price increase for customers.

In addition, during the grace period, customers who wish to pay the loan on an existing schedule will be able to do so without any commission.

Gia Petriashvili, CEO of MBC:
"For us, as a company with high social responsibility, customer well-being has been and will always be a top priority. Therefore, due to the difficult situation in the country, one of the first in the microfinance market, we decided to satisfy all the applications we received for a 3-month grace period. Wish you health!"