Monday 1 June 2020

Citizens’ Debt Settlement Fund postpones instalment payments

ABU DHABI, April 5, 2020

The Citizens' Debt Settlement Fund announced that it will postpone the payment of monthly instalments for three months, starting in April and ending in June, 2020.
This comes in implementation of the directives of Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs to support Emirati citizens during the exceptional circumstances caused by the outbreak of coronavirus, reported state news agency Wam.
Jaber Mohammed Ghanem Al Suwaidi, General Director of the Crown Prince’s Court of Abu Dhabi and Chairman of the Higher Committee of the Fund, stressed that the fund is keen to meet its social responsibility and achieve its role under all circumstances, by continuing to support citizens and provide them with decent lives and family stability.
The fund was established upon the directives of His Highness Sheikh Khalifa, to address the issues pertaining to UAE nationals’ bank debts.


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