Exemption from selected credit fees for small and medium-sized companies in Santander Bank Polska
A new element of the Aid Package for small and medium-sized businesses.
From 1 April 2020 until further notice, Santander Bank Polska will not charge fees for failure to ensure the declared turnover on business accounts or management fees. Exemptions will apply to loan agreements which contain provisions on such fees and to all newly sanctioned loans.
So far, the fee for failure to ensure required inflows to the account was 0.25% per month on the amount of the loan disbursed, and the management fee was 0.065% per quarter on the amount of the loan used.
The ongoing epidemic negatively affects the activity of many entrepreneurs. We understand responsible banking as the obligation to support customers in need, especially nowadays. That is why we have prepared a wide package of aid solutions that will support small and medium enterprises and bring tangible financial assistance.
The aid package for small and medium-sized enterprises in Santander Bank Polska includes:
Detailed information about the implemented solutions can be found at https://www.santander.pl/koronawirus-aktualne-informacje-banku