Banks back away from provisions hack Banks back away from provisions hack 28 June 2021 6:18AM By last night the four big banks had outlined boilerplate assistance measures. CBA’s CEO Matt Comyn said in a media release, “We have a range of measures to help businesses to free up cash flow and provide some certainty, whether it's through loan deferrals, fee refunds or new low cost funding through the SME Recovery Loan Scheme.” Westpac placed an emphasis on “case management support for our small business customers experiencing financial difficulty” as well as “reduced or deferred repayments on asset and equipment finance and eligible business loans [and] business loan restructuring with no fees incurred”.