bancoestado — Bank postpones credit instalments for natural disaster victims

One way to have a positive impact on the world around you? Take constructive action at a time of crisis. That might mean leveraging physical resources that you already have at the scene of a natural disaster. Or providing a service to those in need. Or cutting your customers a break…

In January 2017, BancoEstado announced a number of benefits for clients affected by forest fires and floods in the Alto del Carmen area of Chile. The Chilean bank allowed customers to postpone any outstanding credit instalments for six months and business account holders for 12 months. Donations could be made through the bank’s dedicated hotlines to help victims of the natural disasters.