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National Australia Bank Limited (ASX:NAB) has invoked its disaster relief package for customers impacted by bushfires in South Australia.
The measures include suspending home and personal loan repayments and offering credit card and personal loan relief where appropriate.
NAB will consider waiving costs and charges for withdrawing term deposits early or waiving home loan and personal loan fees and charges.
The bank’s package will also include support for business banking customers to restructure other existing bank facilities and provision of support and counselling through NAB’s Employee Assistance Program.
National Australia Bank reported a net profit of $5.29 billion in the year to the end of September 2014.
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