July 19 (Reuters) - Australia and New Zealand Banking Group Ltd (ANZ) :
- APRA ANNOUNCES FURTHER REGULATORY SUPPORT FOR LOANS IMPACTED BY COVID-19
- FOR ELIGIBLE BORROWERS, BANKS WILL NOT NEED TO TREAT PERIOD OF DEFERRAL AS A PERIOD OF ARREARS OR A LOAN RESTRUCTURING
- THIS WILL APPLY TO LOANS GRANTED REPAYMENT DEFERRAL OF UP TO 3 MONTHS BEFORE END OF AUGUST 2021
- MEASURES TO APPLY REGARDLESS OF WHETHER A BORROWER HAS PREVIOUSLY BEEN GRANTED REPAYMENT DEFERRAL DUE TO THE PANDEMIC
News: NAB Australia's APRA Announces Further Regulatory Support For Loans Impacted By Covid-19
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