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The Association Of Banks In Fiji Extends COVID-19 Customer Relief Measures To September 2021

The Association of Banks in Fiji (ABIF) have announced further support for vulnerable customers with the extension of COVID-19 Customer relief measures to September 30, on a case-by-case basis. ABIF
17 Mar 2021 11:02
The Association Of Banks In Fiji Extends COVID-19 Customer Relief Measures To September 2021
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The Association of Banks in Fiji (ABIF) have announced further support for vulnerable customers with the extension of COVID-19 Customer relief measures to September 30, on a case-by-case basis.

ABIF chairman Rakesh Ram said: “Any new or extended loan deferrals will not be automatic.

“They will be available to customers in genuine need for a period up to 30 September 2021.”

“With the arrival of the Covid-19 vaccine in Fiji there is positive hope now that borders will reopen, re-establishing the lives of thousands of Fijians.”

“Nevertheless, the ABIF recognises there are still Fijians facing tough times and we will continue to support our vulnerable customers in hardship.”

Mr Ram highlighted that there are several options available to customers, depending on their circumstances.

“We encourage customers who require further relief assistance to contact their Relationship or Branch Managers to discuss and agree on individual financial needs.”

“Some customers may be in a position to restart their loan repayments.”

“Customers who can resume loan repayments should do so.”

“Many customers have already restarted payments on deferred loans. That shows they understand the benefits of getting back on track if they can. Customers who are unsure about their loan or having trouble should contact their bank as soon as possible to discuss their options.”

 

Feedback: maraia.vula@fijisun.com.fj



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