Which social economy entities can benefit from the moratorium measures approved with respect to loans/mortgages?

  • These moratorium measures can be accessed by private institutions of social solidarity, non-profit associations and other social economy entities which:
    • Are not, on 18 March 2020, in a situation of overdue payment or default, for more than 90 days, with respect to cash benefits or, if they are in such situations, are not meeting the materiality criteria laid down in regulation, and are not in a situation of insolvency or of suspension or cessation of payments, or already under enforcement by any of the financial institutions in question;
    • Have all payments up to date with respect to the Tax and Customs Authority and the Social Security Administration (debts constituted in March of this year are not relevant until 30 April 2020);
    • Are headquartered in Portugal.

Except for mutual aid associations subject to financial supervision by the Insurance and Pension Funds Supervisory Authority - ASF (Autoridade de Supervisão de Seguros e Fundos de Pensões).
For more information on the impact of COVID-19 on loans - moratorium, see our website here.



This information is being updated on a regular basis.

All information contained herein and all opinions expressed are of a general nature and are not intended to substitute recourse to expert legal advice for the resolution of real cases.