What is "Interbank Debt Relief Plan" (“IDRP”)?

"Interbank Debt Relief Plan" (“IDRP”) is an integrated debt management solution. Customers who are having financial difficulties in repaying the loans and whose debts are with more than one financial creditors, can approach the major creditor (i.e. the “Lead Bank”) to negotiate and combine those repayments into a single monthly instalment. The IDRP can help customers to get back on track towards financial stability and build a positive future credit track record. To learn more about the Interbank Debt Relief Plan (“IDRP”), please click here to read the Consumer guide or contact our customer service hotline at +852 3718 1818 for more details.