Support for professional and corporate clients
State guarantee on loans granted after 18 March 2020
In order to support entrepreneurship and Luxembourg trade as well as the liberal and independent professions, the Ministry of Finance and several Luxembourg banks united within the ABBL have cooperated closely to set up a state guarantee system for loans granted as of 18 March 2020 to companies affected by the COVID-19 pandemic.
We recommend that you read the press release on this topic published by ABBL, which sets out the eligibility criteria for this state loan guarantee. If you meet the criteria, please contact your usual advisor or our Client Service on (+352) 42 42-2000.
Moratorium on loans granted before 18 March 2020
The coronavirus crisis has serious consequences for the economy of our country. In this context, six Luxembourg banks have taken the initiative to provide financial support to their professional customers exposed to cash flow difficulties resulting from the current crisis. A moratorium on loans granted to Luxembourg companies before March 18, 2020 can therefore be requested, for a maximum of six months.
We recommend that you read the press release on this topic published by ABBL, which sets out the eligibility criteria for this moratorium. If you meet the criteria, you can fill out the application form (in french) and send it to your usual advisor.
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