Bulgarian banks extend loan payment moratorium

The moratorium on bank loan payments was introduced in Apriland was expected to last until the end of the year, but the central bank agreed with a proposal by commercial banks to extend the scheme until the end of March 2021.Bulgaria has so far recorded 7,411 cases of the illness, with 276 deaths.Banks have already rescheduled payments on over 80,000 loans with a total value of 6 billion levs ($3.5 billion), which accounted for almost 10% of banks' credit portfolios, the Association of Banks in