23 October, 2020, 2:36 am Central - 21°C Clouds

Westpac Fiji confirms receiving requests and enquiries from businesses and personal loan customers since announcing the COVID-19 Customer Package

Westpac Fiji confirms receiving requests and enquiries from businesses and personal loan customers since announcing the COVID-19 Customer Package

By Shanil Singh
Tuesday 21/04/2020
Westpac Main Branch Suva.

Westpac Fiji has confirmed they have recieved a significant number of requests and enquiries from both business and home/personal loan customers since they announced the COVID-19 Customer Package.

Westpac Fiji Chief Executive, Kip Hanna says right now they are seeing around 60% of applications for assistance from business customers and from those who need help with home loans.

Hanna says they have so far seen the greatest impact is on those who are involved in sectors where business contracted significantly due to the pandemic such as tourism and related sectors like aviation and hospitality.

He says at the moment, application processing times may be longer than usual due to the number of applications but adds that his teams work through all requests as quickly and diligently as possible. Hanna is urging customers to reach out early if they start to experience financial distress or to worry about making loan payments.

He also says that loan repayment holidays are just one option and they are willing to assist customers to understand other options available so they can choose the best for their business or family.

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Autumn Nations Cup
Fiji Rugby CEO John O’Connor has highlighted that they have been asking for Fiji to have test matches against Tier One Nations and the inclusion of ...
2 days ago

Online Safety Commission
Majority of the complaints received by the Online Safety Commission last year dealt with defamatory ...
2 days ago

Rape trial of pastor Waisake Tulavu
Coverage of rape trial of Agape pastor Waisake Tulavu
16 days ago
Complaint filed against a teacher allegedly behind repeated fb posts to humiliate Qereqeretabua with references to porn and immorality
Minister for Education, Rosy Akbar has received a complaint by the National Federation Party Youth General Secretary that a teacher in Suva is alleged...
9 hours ago
Children in tourist areas are vulnerable to physical, emotional and sexual abuse - Koya
Minister for Tourism, Faiyaz Koya is calling on stakeholders in the tourism industry to extend the duty of care to our children, especially those in ...
10 hours ago

Two in custody for allegedly robbing a student in Samabula
Two men who allegedly threatened and robbed a female student in Samabula on Tuesday have been charged. The two have been charged with one count ...
11 hours ago

23 people have died so far from leptospirosis, dengue fever and typhoid
18 people have lost their lives due to leptospirosis, three have died from dengue fever while two people have died due to typhoid since January this ...
12 hours ago

Vodafone gives $5,000 each to 10 lucky winners
Vodafone has given away $50,000 to 10 lucky winners through their Fiji Day Fiji50 promotion. Each winner received $5,000 as they had text Fiji50 ...
13 hours ago

Ali shares her personal story dealing with domestic violence
Fiji Women’s Crisis Centre Coordinator Shamima Ali today shared her personal experience about domestic violence in her life as she spoke to Bank ...
13 hours ago