Banks, Abi: suspension of mortgages in areas affected by bad weather

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(Finance) – “Following the declaration of the Council of Ministers of state of emergency for the provinces of Teramo, Pescara, Chieti, Cuneo, Parma, Reggio Emilia, Modena, Bologna, Ferrara, Ravenna and Forlì Cesena and the regions of Lombardy, Veneto, Friuli Venezia Giulia due to exceptional meteorological events that occurred in the summer period , L’ABI invites the banks to immediately implement the suspension of mortgagesas soon as the institutional provisions and ordinances are published in the Official Journal”. This is what we read in a note from the Italian Banking Association.

“There Protection Civil, through specific ordinances, will provide all the references for a full application of the suspension of mortgages. Precisely to ensure timely interventions everywhere in favor of populations affected by natural disasters, the ABI has signed a specific Memorandum of understanding with the Civil Protection and consumer associations“Abi said.

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