Are there any transitional measures applicable to loans in the context of mitigation of the impact of the COVID-19 Pandemic?

Yes. To the best of our knowledge, the only loan-related measure approved in Equatorial Guinea to mitigate the impact of COVID-19 in the Country is the one provided under Decree 43/2020, where it is set forth that the Ministry of Finance, working with the Professional Association of Credit Institutions and Micro Finance Representatives, will put in place a strategy to repay the financial credits of Small and Medium-Sized Companies.


Who can benefit from these measures?

In principle, only SMC will benefit from said measure, as the provision of Decree 43/2020 mentioned above is included in a package of measures aimed at supporting companies that qualify as such. This said, we cannot rule out that when the measure is implemented it applies to more beneficiaries.



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.