Banks announce new measures
ANZ has also confirmed it will also allow waiver on loan restructuring fees for commercial customers on a case-by-case basis.
Association of Banks Chair, Rakesh Ram, says these steps are meant to assist Fijians access loans while also bringing in new business.
“I want my debt to be recovered and I want to make it easier for customers to meet the loan repayment.”
As of 31 December, total liquidity in the banking system stood at $836.8 million.
Credit: FBC
Date: 11/1/21
