National Development Bank of Palau (NDBP) yesterday, announced plans to provide financial relief to its current business and housing customers who affected by the economic consequences of the coronavirus COVID-19 pandemic.

In its press release, NDBP said that depending on each customer’s individual circumstances, the bank could help by offering interest-only payments, loan term extension, NDBP loan consolidation, short term funding or temporary payment deferment.

The bank encourages customers facing hardships due to the COVID-19 impact to contact their loan officers to get more detail information or clarification of available options.

The bank further says that it is determined to act to reduce the impact on its customers and will continue to monitor and offer assistance where it can.  People are encouraged to contact the bank at 587-3955 or 6327 for assistance.