7/9/24
Emergenza eventi meteorologici nel territorio della provincia di Belluno, di Treviso e di Venezia
Banca Progetto is alongside its customers to overcome the emergency following the exceptional meteorological events that occurred in the days from 30 October to 5 November 2023 in the province of Belluno, Treviso and Venice, activating the measures required by law.
Banca Progetto has implemented the measures provided for by the Ordinance of the Head of the Civil Protection Department (OCDPC) of 18 June 2024, n. 1,086, regarding the suspension of payment of installments, following the Resolution of the Council of Ministers of May 24, 2024, with which a state of emergency was declared for 12 months from the date of the resolution.
In particular, Article 9 ("Suspension of Mortgages"), of the Order has provided that the aforementioned event constitutes force majeure as defined and for the effects of Article 1218 of the Civil Code.
In this regard, individuals holding mortgages related to evacuated buildings or engaged in commercial and economic activities, including agriculture, in the same buildings, may, upon presentation of a self-certification of the damage suffered, request from credit and banking institutions, until the habitability or usability of the said property and in any case not later than the cessation date of the state of emergency (May 24, 2025), a suspension of the mortgage payments, choosing between:
the suspension of the entire installment
the suspension of the capital portion only
Customers can request the suspension of payment from the Bank by submitting the relevant request (see Attachment 1), accompanied by a self-certification made in accordance with Presidential Decree of December 28, 2000, No. 445, and subsequent amendments (see Self-Certification Attachment).
The total suspended amount must be repaid to the Bank without any additional charges or fees in terms of commissions or processing fees. The maturity of the mortgage will be extended for a period corresponding to the duration of the suspension.
In the case of the suspension of the capital portion only, the borrower will pay the Bank, for the duration of the suspension months, an interest installment calculated on the remaining debt on a capital basis, at the rate and in the manner provided in the contract.
In the case of the suspension of the entire installment (capital portion + interest portion), the accrued and potentially suspended interest during the period, unproductive of additional interest, will be divided into equal installments on the subsequent due dates and will be fully payable in the event of mortgage extinguishment or substitution.