Equity Bank #ticker:EQTY has restructured Sh92 billion of loans, equivalent to about 25 percent of its net loans at the end of last year, as the lender seeks to cushion customers who have been hit by the coronavirus crisis.
The relief, which is being determined on a case-by-case basis, also includes an extension of loans terms to cut monthly instalments as well as repayment breaks on the full or part of the credit.
