Moratorium

We are aware that several of our clients will experience an adverse economic impact as a result of the consequences of the corona virus crisis. We want all our affected clients to know that we are there to support you during this difficult period.

As an initial response, we will be offering all affected customers who qualify, a moratorium on principal and interest payments for 3 months. The interest during this 3 month period will be capitalized and the loan term will also be extended by 3 months. At the end of the 3 month period a new annuity payment will be calculated and will become applicable. 

Please contact your Account Manager to discuss your own situation and for us to get an understanding of your individual needs.

We urge everyone to respect and comply with the guidelines issued by the Government and health officials. Orco Bank will of course be closely monitoring the situation and will advise you of any further measures, as needed. These are difficult times but together we will get through this.