The Seychelles Ministry of Finance, Economic Planning, Trade and Investment and the Central Bank of Seychelles met the Seychelles Bankers Association and called on banks to make support easier to access for customers affected by uncertainty linked to Middle East tensions. Finance Minister Pierre Laporte urged lenders to be more flexible, reduce requirements and simplify processes so assistance reaches businesses faster, with retail, wholesale and the broader tourism sector identified as particularly affected. For tourism-related cases, banks were asked to use the same business categorisation as the Seychelles Revenue Commission and the Seychelles Pension Fund. Banks said they continue to work with customers on a case-by-case basis and have provided moratoriums, overdrafts and other credit restructuring arrangements to just under 100 businesses and individuals, for a cumulative amount of about SCR 145 million. The Central Bank continues to monitor the situation and receives weekly updates from banks on support measures being extended to affected customers.
Ministry of Finance National Planning and Trade (Seychelles)2026-05-25
Seychelles Ministry of Finance urges banks to simplify relief for businesses affected by Middle East tensions
The Seychelles Ministry of Finance and the Central Bank urged banks to ease access to support for customers affected by uncertainty linked to Middle East tensions, including by being more flexible and simplifying processes, particularly for retail, wholesale and tourism businesses. Banks reported case-by-case support through moratoriums, overdrafts and other credit restructuring for just under 100 customers totalling about SCR 145 million, while the Central Bank monitors the situation and receives weekly updates on support measures.