Cayman National advised their clients on Sunday 24 May that they would renew the offer of Loan Deferral for another three months.
In March the President and CEO of the Cayman National Corporation, Stuart Dack announced the first three-month deferral to bring relief to their customers where needed.
Considering the impact of
Coronavirus on the economy, the bank welcomed their customers interested to take up on the offer, to contact their relationship officer.
"Cayman National remains, as ever, supportive of your needs and circumstances and we look forward to serving you, as seeing you through this unprecedented challenge. We remain willing to help", read the announcement signed by Janet Bishop, President of Cayman National Bank.
Earlier a question that was asked from the Premier at a recent CIG Press Briefing, to which he responded that the banks would make their own decisions regarding loan arrangements with their clients.