Press Release

SEC NOTICE: EXTENSION OF THE MANDATORY GRACE PERIOD FOR LOANS DURING THE MODIFIED ENHANCED COMMUNITY QUARANTINE/GENERAL COMMUNITY QUARANTINE PERIOD

Please be advised that, in view of the imposition of either MECQ or GCQ across the country until 31 May 2020, the initial thirty (30)-day grace period for the payment of loans, as provided under Section 4(aa) of Republic Act No. 11469, or the Bayanihan to Heal as One Act, shall apply to all loans with principal and/or interest falling due within the MECQ/GCQ period, FROM 17 MARCH 2020 TO 31 MAY 2020. | Securities and Exchange Commission – Davao Extension Office | 63 82 298 0012 | 63 917 623 9561 | email: lllfrancisco@sec.gov.ph

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Categories: Press Release

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