30% of the ANZ customers whose loans were deferred have resumed payments
We will continue to assist customers beyond 31st March - Minam

30% of the ANZ customers whose loans were deferred have resumed payments

We will continue to assist customers beyond 31st March - Minam

By Shanil Singh
Sunday 28/02/2021
ANZ Fiji Country Head Saud Minam. [image: file]

ANZ Country Head Saud Minam says around 30% of their customers whose loans were deferred under the COVID-19 Relief Package have returned to some form of repayment and they expect this number to grow.

He says some are only paying interest, some are making reduced payments and interest while some customers are making full payment and interest.

Minam says a number of customers are keen to get back on track and that is important because interest continues to accrue while a customer is on relief.

More than 2700 loans were deferred by ANZ last year to assist people who were affected by COVID-19.

Minister for Economy Aiyaz Sayed-Khaiyum had announced last year that banks have agreed to extend the loan repayment holiday till the 31st of March this year.

When questioned on what will happen after this deadline, Minam says they understand that a number of their customers are still feeling the effects and ANZ will continue to support customers who continue to need relief options beyond 31st March.

He says they are continuing to talk to their customers and work with them on a package that suits their needs.

People’s Alliance had proposed for PM’s pay to be maintained at $328,750
The People’s Alliance Party had proposed to the Parliamentary Emoluments Committee for the Prime Minister’s salary to be maintained at $328,750 an...
12 hours ago
Mavericks clinch 108-105 win over Timberwolves in Game 1 of Western Conference Finals
Luka Doncic led a strong finish for the Dallas Mavericks, swishing crucial shots down the stretch, drawing a couple of fouls and even playing strong ...
7 hours ago

FijiFirst submitted proposal similar to the committee recommendation for salary increases
The only opposition party in parliament, the FijiFirst, had proposed an increase in salary of the Leader of Opposition from $120,000 to $200,000, ...
12 hours ago

Crime increases by 73% in April, 14 police officers charged for various offences – Acting COMPOL
There has been a 73 percent increase in overall crime in April this year while serious crimes increased by 65 percent when compared to the same ...
14 hours ago

Nurses buying syringes and needles for patients at public hospital
Serious concerns continue to be raised by Fiji Nursing Association President, Doctor Adi Alisi Vudiniabola on nurses having to buy needles and ...
14 hours ago

Not the right time to increase MPs pay when many Fijians are struggling – Dialogue Fiji
Dialogue Fiji has today expressed its concern and disappointment over the recommendations made by the Parliamentary Special Committee on Emoluments, ...
14 hours ago

fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Ministry of Home Affairs Talanoa Session on Illicit Drugs and Substance Use Disorders in Fiji
The pervasive threat of illicit drugs has emerged as a pressing concern, rapidly infiltrating and destabilizing our society therefore the Republic of ...
7 days ago

Bainimarama and Qiliho hearing in dismissal of 2 police officers case
Acting Director of Public Prosecutions John Rabuku says he wants the hearing of former Prime Minister Voreqe Bainimarama and suspended Police ...
7 days ago

Sayed-Khaiyum case on alleged payment of Saneem's taxes without proper approval
It is alleged that between the 30th of June, 2022 and the 12th of July, 2022 in Suva, whilst being employed in the civil service as the Acting Prime ...
7 days ago