BDO offers 60-day payment extension on loan payments due up to April 14


Posted at Mar 18 2020 10:12 AM

MANILA -- BDO Unibank said Wednesday it was offering a 60-day payment extension on loan payments for qualified clients to help them cope with the COVID-19 lockdown.

The extension will cover credit card, auto, home, SME and personal loan customers with due dates of up to April 15. Qualified clients will be notified via email and SMS, the Philippines' largest lender said.

"We understand that the current situation makes it difficult, even impossible, for everyone to make their payments. We don't want you to worry about this. We all need to focus on keeping ourselves and our loved ones safe," BDO said.