Russia's Sberbank offers payment holidays on loans for servicemen
Russia's largest lender Sberbank has started arranging payment holidays on loans for servicemen, in line with Russian legislation that seeks to ease the financial burden in Ukraine.
"From Oct. 7, Sberbank retail clients can apply for a grace period on loan payments as part of a federal law that came into force today," Sberbank said in a statement.
The central bank recommended banks offer payment holidays shortly after Sept. 21.
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