UPDATE 1-Australia regulator says banks must provision for virus loan holiday
Australia’s banking watchdog on
Monday said lenders must account for possible loss from the loan
repayment holidays they offered borrowers affected by the
coronavirus last week, to ensure banks keep stakeholders
informed of action taken amid the outbreak.
Monday said lenders must account for possible loss from the loan
repayment holidays they offered borrowers affected by the
coronavirus last week, to ensure banks keep stakeholders
informed of action taken amid the outbreak.
Posted by Reuters
