Qatar Central Bank Allows Loan Deferrals as Iran War Drags On

Qatar’s central bank is allowing lenders to offer borrowers payment deferrals, cutting reserve requirements and providing unlimited repo liquidity as Gulf policymakers race to respond to fallouts from the Iran war that’s now in its fifth week.

The measures include the option to defer loan principal and interest payments for up to three months for customers affected by “current circumstances”, the central bank said on Monday. It will also provide “an unlimited amount of Qatari riyal repurchase facilities against eligible securities held by banks” and introduce a term repo facility with maturities up to three months.