The ABI has just issued a circular letter to its members in which it reports that the Ordinance of the Head of the Civil Protection Department has been published on the website of the Department of Civil Protection with which a measure has been adopted to suspend the payment of installments of mortgages, as a result of the exceptional meteorological events that occurred from 19 to 21 October 2024 in the territory of municipalities of Cenadi, Cortale, Curinga, Jacurso, Lamezia Terme, Maida and San Pietro a Maida in the province of Catanzaro and the municipalities of Ferruzzano, Locri and Montebello Jonico in the metropolitan city of Reggio Calabria. This Ordinance, currently being published in the Official Journal, incorporates the contents of the agreement signed by ABI, Civil Protection and consumer associations to ensure timely interventions in favor of populations affected by natural disasters. With publication in the Official Journal it will be possible for banks to immediately implement the suspension of mortgages for these territories.
John
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