COVID-19: find out more about how banks can help
25 June 2020
The Australian Banking Association welcomes the Government’s announcement to help restart the creative economy and get the entertainment, arts and screen sectors back on their feet following the impacts of COVID-19.
Banks look forward to the government releasing guidelines of the new concessional loan program in the coming weeks. Once the guidelines are received, applications will be assessed on a case-by-case basis.
In the meantime, businesses in the creative industry who are looking to take advantage of the government-backed concessional loans should get in touch with their bank and flag their interest in accessing the program.
Banks also have a range of support measures already in place for their business customers impacted by COVID-19 and creative arts businesses have been among the sectors accessing this assistance.
ABA members remain committed to supporting businesses large and small as the economy starts to rebuild.
Contact ABA Media: 0475 741 007
Australia’s banks supported their customers as the country entered the COVID-19 pandemic and they continue to support them on the way out. As the initial wave of 6-month loan payment deferrals come to an end, banks have begun to contact customers for their 6-month assessment and to discuss the next stage of support and assistance. … Read more »
Helping businesses to remain viable and keeping people in their homes is good for everyone.
“These figures show there are some green shoots emerging in our economy and that’s a positive sign.” – ABA CEO Anna Bligh