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.
Infographic
Infosheet: banking during lockdown Feb-Apr 2020
A summary of banking activity during the lockdown
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“Customers can be assured that they will always be in control of how and when they share their data.”
Temporary changes to the Banking Code of Practice reflect that the COVID-19 pandemic may temporarily affect the provision of banking services.
Businesses in the creative industry who are looking to take advantage of the government-backed concessional loans should get in touch with their bank.
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