'We can't save everybody': ANZ boss's warning as banks extend loan lifeline
Since the original support package was announced in March, ANZ has provided repayment deferrals on more than 100,000 home, personal, small business and commercial accounts.
A National Australia Bank executive has told The Business that around 80 per cent of customers the bank has spoken so far want to keep their loan repayments on hold.
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Banks to offer further four-month mortgage break to avoid September 'cliff'Customers still struggling to make loan repayments due to COVID-19 will be offered deferral extensions of up to four months, but they will not be automatically granted, Australian banks announce.
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