New Procedures against the defaulter for repayment of loans 3 months .. Hafez: Banks take into account customer emergencies



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ExpressiveSources have indicated that the Kingdom's banks will take legal action against latecomers in repaying their personal loans if they are in arrears for more than three consecutive months or five separate months.

The sources added, according to the "city", that these measures would be taken even if the cause of the defect delayed the establishment of the payment of wages.

For his part, the official spokesman of the Saudi banks, Talaat Hafez, said the banks did not use the client immediately after payment to the court, but contacted him to urge him to pay, taking into account the conditions of the bank. Emergency encountered by some customers.

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