COVID-19 Budget: ANZ offers six-month repayment holiday

ANZ chief executive officer Saud Minam (left). Picture: JONACANI LALAKOBAU/FILE

The ANZ Bank will offer a six-month loan repayment holiday on principal and interest for business and individual customers who are experiencing hardship because of the COVID-19 pandemic on case-by-case basis.

ANZ Fiji country head Saud Minam says: “if you wish to apply for the repayment holiday, please be patient as we will be inundated with calls.”

Mr Minam said ANZ had already announced 0.50 per cent lending rate reductions and the removal of monthly loan administration fee.

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