Page 18 - Term Deposit News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Luigi Wewege, the Senior Vice President, Caye International Bank in Belize.

Westpac has today welcomed the Federal Government's extension of the SME Recovery Loan Scheme to help eligible small businesses impacted by COVID-19...

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Westpac Westpac has today announced a new measure to support existing small business customers with their cash flow needs, if revenue has been significantly reduced because of the latest lockdown restrictions. From Monday 19 July 2021, Westpac will offer eligible existing small business customers interest free temporary overdrafts up to $15,000 on a maximum 45-day term, designed to help bridge the gap to government assistance. Westpac CEO Peter King said: “We know that the current lockdowns mean some of our small business customers may need urgent access to cash. We have introduced a new in...

Westpac Westpac CEO Peter King said: “We recognise many of our customers need assistance following the increased lockdowns across Australia. We want customers to know there are a broad range of options to help businesses and individuals through this challenging period. “We are reminding customers that if they are facing financial difficulty, call us early so we can work through the most appropriate tailored options to support them, including repayment deferrals on home and business loans for up to three months. “The state and federal governments have put in a range of measures that will...