Some banks, such as Westpac, have already begun to implement practices within the guideline. Others will roll out the practices over the next 12 months.
November 2, 2021NAB says it wants to ensure vulnerable customers are appropriately and professionally supported, either directly by the bank or an accredited representative of their choice.
August 3, 2020The services being offered by ABA member banks to help customers include fee waivers, loan repayment deferrals, and additional financing to help cover cash flow shortages.
January 6, 2020