ANZ confirms receiving more than 1,100 loan applications for COVID-19 relief packages from their customers

ANZ confirms receiving more than 1,100 loan applications for COVID-19 relief packages from their customers

By Dhanjay Deo
Tuesday 21/04/2020
ANZ main branch, Suva

ANZ Fiji Country Head, Saud Minam confirms they have received more than 1,100 applications for relief packages from those ANZ customers who have taken loans and are affected by COVID-19.

He says around 270 applications have been processed and close to 160 customers have signed for the relief package.

The relief package includes six-month principal and interest deferment.

Minam says ANZ expects to receive more applications in the coming days from their customers who have been affected by loss of jobs, hours and business constraints.

Meanwhile, Minam had made it clear that nothing is free and the loan amount has to be paid back in full at some point in time by their customers who will be signing for a six-month relief package for principal and interest deferment.

Minam says every individual who will be eligible for the relief package will be properly briefed before they sign on the package.

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