19 June 2020
Banking activity during the coronavirus pandemic.
Between 14 May and 19 June the ABA published data on total deferrals member banks made to customers.
These figures represented the sum total of deferrals made at the time of each data publication, and does not account for deferrals which had been reversed at the customer request.
ABA’s data reporting has currently paused. APRA statistics now available.
Infosheet: banking during lockdown Feb-Apr 2020
Australian banks are supporting communities in Far North Queensland affected by Tropical Cyclone Niran.
“No customer is going to wake up the day after the 31st of March and find that there is some legal action being taken by their bank on their loan.”