31 January, 2023, 3:06 am Central - 23°C Clouds

Around 70% of our customers can pay their loans now - Minam

Around 70% of our customers can pay their loans now - Minam

By Shanil Singh
Wednesday 14/10/2020
ANZ Fiji Country Head, Saud Minam

ANZ Fiji Country Head, Saud Minam says around 70% of their customers who were under their COVID-19 packages have indicated that they are now in a position to pay their loans.

Around 2,000 loan payments have been deferred by ANZ under their COVID-19 Package until 31st December 2020.

Minam says they have had one on one consultations with their customers to find out if they are in a position to make their payments and almost 70% are ready to come back.

He says this is a good sign but trouble is still out there because most of their customers who are still unable to pay are from the Western Division.

Minam has once again stressed that they will continue to work with customers who are still unable to make their payments because the bank fully understands that the crisis is not their fault.

He adds they will not be repossessing items because no one will buy them even if they start repossession.

Minam is urging those who can still pay their loans to do so because it can be compounded on them at the end.

Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Womens Rugby World Cup 2022
Quarter-final qualification is now the goal for the Rooster Chicken Fijiana 15โ€™s following their 21-17 victory against South Africa.
103 days ago

Queen Elizabeth II passes away
Queen Elizabeth II, the UK's longest-serving monarch, has died aged 96, after reigning for 70 years.
133 days ago

Fiji wins Melrose Cup after 17 years
Fiji wins the RWC 7s title after 17 year drought
134 days ago
President suspends Chief Justice Kamal Kumar after complaints of misbehaviour
Chief Justice Kamal Kumar has been suspended. President Ratu Wiliame Katonivere suspended Chief Justice Kumar with full pay on the advice of the Pr...
6 hours ago
Year 12 provisional results to be released tomorrow
The Year 12 National Examination Provisional Results will be released tomorrow. Acting Permanent Secretary, Timoci Bure says 13,281 students sat ...
8 hours ago

203,942 students assisted with a total payout of $40.8 million under the $200 back to school support
The Ministry of Finance has so far assisted 203,942 students with a total payout of $40.8 million under the $200 back to school support. The ...
9 hours ago

Doctor Jokhan resigns from PS Education position
Permanent Secretary for Education, Doctor Anjeela Jokhan has resigned from the position effective from today. Public Service Commission ...
9 hours ago

Fiji Cancer Society to provide free medical check ups in Taveuni this Saturday
People in Taveuni will be able to get free medical check ups this Saturday as the Fiji Cancer Society will be provide cancer education and screening ...
10 hours ago

We will continue to fight to have a Leprosy Free Fiji โ€“ Dr Lalabalavu
Although we continue to detect 4 to 7 new cases annually I have confidence in our staff at the Leprosy and Dermatology Department that they will lead ...
10 hours ago