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Information about the moratorium

Changes affecting loans and leasing agreements, in accordance with the relevant statutory provisions.

The moratorium, valid from January 1, 2021, has changed

We kindly inform our customers that the terms of the moratorium, which is valid  from January 1, 2021, have changed, so please read the information on this page carefully!


In respect of Government Decree no. 47/2020 (III. 18.) on the immediate actions necessary to mitigate the effects of the coronavirus pandemic on the national economy – repealed upon cessation of the state of danger – or in Act LVIII of 2020 on the transitional rules and epidemiological preparedness related to the cessation of the state of danger enacted in accordance with the said decree and Government Decree no. 637/2020 (XII. 22.) on the introduction of special emergency rules for the moratorium we provide our retail and corporate customers with a deferral of payment until June 30, 2021, for loan repayment (for the payment of principal, interest and fees). By 30 June 2021, contracts covered by the moratorium that would have expired during the period up to 30 June 2021 will not expire. 

In which cases did we set the extension automatically?

The extension of the moratorium was automatically set for contracts under the moratorium on 31 December 2020. Of course, our clients have the opportunity to opt out from the moratorium, they must make a declaration in this regard, the details of which can be found under Declaration Options.

In which cases did we not set the extension automatically?

Loans / leases already disbursed under contracts existing on 18 March 2020 that were not under the moratorium in December 2020 were not automatically subject to the extension of the moratorium, but it is still possible to opt in to the moratorium. To do this, you need to make a declaration, the details can be found under Declaration Options.

If you decide to use the moratorium extension and have previously placed a standing order to settle the instalments, you will need to withdraw it, they will not be stopped automatically! If you use the moratorium but have not yet withdrawn your standing order from the current account held with CIB Bank for loan repayment, the amount transferred under your order will be credited to your account.

Overdraft and credit card products


The repayment moratorium also applies to corporate, small-business and retail overdraft facilities and credit cards. 

For more details please click on the following links:

General information about the moratorium

  • The moratorium will run until June 30, 2021.
  • The moratorium applies to loans already disbursed under contracts existing on 18 March 2020 or, in the case of leasing contracts, to leases in respect of which CIB Leasing had already acquired ownership of the leased object on or before 18 March 2020 and the leased object had been handed over to the customer, regardless of whether the invoice had been paid. It is important to note, however, that the moratorium only took effect automatically from January on loans / leases that have been under the moratorium in December 2020. In the case of loans / leases that were not under the moratorium in December 2020, a declaration must be made if you wish to benefit from the moratorium from January on.
  • The moratorium continues to apply to loans from financial institutions as well as financial leasing.
  • In the case of ‘Babaváró’ loans, the state guarantee fee is not payable for the duration of the payment moratorium.
  • The law provides for the possibility to repay the loan according to the original terms of the contract.

Payment obligation after the moratorium

  • The interest and fee accrued during the moratorium, together with the installments due in the remaining term, must be paid in equal annual installments during the term after the expiration of the payment moratorium.
  • After the expiration of the moratorium, the term shall be extended in such a way that the combined amount of the installment due and the interest and fee payable in installments arising during the payment moratorium does not exceed the amount of the installments under the original contract.
Our solutions in case of payment difficulties

Our solutions in case of payment difficulties

If you have payment difficulties after the moratorium, we will provide you with a solution to resolve it.
What regular notifications do we send to our retail customers in connection with the moratorium?
  • Monthly notification: At the end of each month, we inform our retail customers who have not withdrawn from the moratorium on the portion of their loan /lease agreement that is subject to the moratorium, the amount of accrued unpaid interest and fees, and the amount of any overdue debt, which becomes due only after the moratorium expires.
    • Our customers with a bank loan or credit will be notified in a push message or our customers who do not have a CIB Bank Mobile Application will be notified via SMS.
    • Our customers with a lease agreement will receive a postal letter.
  • Notification of data transmission to CCIS: information on what modified data have been transmitted to the Central Credit Information System due to the moratorium. 

It is important to note that both notifications are for information only, they do not entail a payment obligation! 


Monthly notification related to the moratorium

We send a monthly notification via push message or SMS via the CIB Bank Mobile Application to our retail bank customers whose loan is currently subject to the moratorium, and we send a postal letter to our retail customers with a lease agreement subject to the moratorium so that they can track the level of their debt. 

What do the data in the notification mean?

1.    Principal debt: the total principal debt subject to the moratorium. 

  • Credit cards and overdrafts: the part of the limit that is subject to the moratorium.
  • Personal loans and property-backed loans: the principal debt existing at the time the moratorium entered into force.

2.    Interest debt: pro rata interest accrued during the moratorium period. This amount shall be paid in equal monthly instalments upon expiry of the moratorium or withdrawal from the moratorium. 
3.    Fees debt: pro rata fees accrued during the moratorium period. This amount shall be paid in equal monthly instalments upon expiry of the moratorium or withdrawal from the moratorium, along with the interest debt. 
4.    Overdue debt not due until 1 July 2021: Debt that was overdue when the moratorium entered into force (midnight on 18 March 2020), which becomes due immediately after the moratorium, will not be divided into monthly instalments. If you do not have such debt, HUF 0 is indicated in the message. 

Interest and fee debt accrued during the moratorium shall be paid in equal monthly instalments1  in accordance with the relevant legislation in a manner that the sum of the repayment due and the interests and fees accrued during the moratorium and repayable in equal monthly instalments does not exceed the amount of the repayments as per the original agreement. To this end, the term of the contract will be extended as necessary after the moratorium expires


Notice on data transmission to CCIS 

Banks and other credit institutions and financial enterprises register the reference data of their customers in the CCIS (Central Credit Information System). When these reference data change for any reason, our bank / leasing company is obliged to inform the affected customers about the transfer of the data to CCIS. 
Due to the moratorium, the method of repayment (i.e. the way you have settled your debt so far, e.g. in equal monthly instalments) is changed to a grace period compared to the original contract, therefore our customers whose credit product is subject to the moratorium at the moment will receive an information letter on the transmission of reference data to the CCIS.

Please note:

  • If you have a contract that expires before 30 June 2021 and it is subject to the moratorium: the maturity date of the loan / lease transaction has been changed to 31 July 2021.
  • If you have a contract that expires after June 30, 2021: the expiration date has not been changed yet. After the expiration of the moratorium or opting out from the moratorium, we will send you a letter again, which will already include the new expiration date.
  • If there is any change in your reference data (e.g. change of personal data: telephone number, e-mail address, etc.), you will receive the notification letter again.

New loan contracts

At CIB Bank, it is possible to apply for mortgage loans, CIB ‘Előrelépő’ Personal Loan, ‘Babaváró’ Loan, and from 1 January 2021, overdraft as well.

What do I have to do if my loan is secured by Loan Repayment Insurance?

The deferral of payment does not apply to insurance premiums, so these must be still be paid in order to ensure that the insured relationship is not cancelled. If you decide to avail yourself of the moratorium and stop paying the instalments any further, you will still have to pay the insurance premium. To maintain the continuity of the premium payment, please continue to transfer or pay the insurance premium to your account used for loan repayment or ensure that the insurance premium is available in your current account on the due date of your loan repayment, so that we can deduct it.

Information on the practice of forwarding data to the CCIS

The moratorium also affects how CIB Bank and CIB Leasing handle overdue debts, furthermore, the transfer of data to the CCIS has been modified taking into account the statutory requirements. Details can be found at the bottom of the page in the material entitled CCIS Information available in the related documents.

Legal information

1 Act LVII of 2020 on transitional rules and epidemiological preparedness related to the cessation of an emergency. Act CVII of 2020 on transitional measures for the stabilization of the situation of certain priority social groups and enterprises in financial difficulties.

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