Debt Relief Measures In Response To COVID19

The global concern on the spread of COVID-19 epidemic has given rise to many disruptions on normal business. The dynamics have also had to shift radically and the Bank as a responsible corporate citizen is monitoring the situation closely and working with the relevant authorities to find solutions in the areas we operate in. To that end, Standard Lesotho Bank has   developed the following debt relief measures for clients who have been impacted by COVID-19. 

These debt relief measures could include payment holidays as follows;

             i.        Deferring payments or part payment thereof for a suitable period or 

           ii.        extending existing loan periods or 

         iii.        extending additional credit to manage short-term cash shortfalls.  

Personal and Business Banking clients are encouraged to make arrangements through their Relationship Managers, Enterprise Direct, Prestige Direct or Customer Contact Centre.

These offers will be extended to clients who are in good standing with the Bank. Customers who are already in arrears are urged to contact the Bank for other personalised solutions other than those mentioned above.

Contact Details

Business Unit                            Toll Free number                    Email

Enterprise Direct                          80022122                                [email protected] 

Prestige Direct                             80022121                                [email protected]

Customer Contact Centre            80022221                                [email protected]

Business Banking and Private Banking clients can contact their Relationship Managers.