ANZ still working to reduce the $5,000 deposit to open small business accounts

ANZ still working to reduce the $5,000 deposit to open small business accounts

By Shanil Singh
14/08/2020
ANZ Fiji Country Head Saud Minam.

ANZ Fiji Country Head Saud Minam says they are still looking into the $5,000 deposit their customers will have to pay if they want to open a new small business account and will be announcing something on this next week.

Minam says they do not have a lot of people coming in for new small business accounts but they will accommodate them accordingly if anyone does come in.

0% buffered00:00Current time00:00

Minam also says it is a matter of concern for ANZ if their customers do not pay back their loans in time but maintains they are not in a business of repossession.

He says they will work with their customers to find out what position they are in and how soon they can make their payments.

Minam says everything has been deferred to the 31st of December 2020 for now.

0% buffered00:00Current time00:00

Minam says more than 2,400 loans have been deferred so far under the COVID-19 Package.



FEATURE NEWS
Chaudhry asks whether PM is related to Acting FICAC Commissioner and raises issue that PM cannot recommend who should be head of FICAC
Serious concerns are now being raised by Fiji Labour Party Leader, Mahendra Chaudhry on whether Acting FICAC Commissioner, Lavi Rokoika is related to ...
5 hours ago
LATEST NEWS
Lineage of Ratu Tevita Uluilakeba Mara traced back to Ratu Seru Cakobau - Ratu Kalivati
The Vanua of Bau recognises the installation of the Tui Nayau and the Sau ni Vanua o Lau, Ratu Tevita Uluilakeba Mara, as a sign of respect and ...
5 hours ago

Danger zone : Pac Harbour Fire Station closes this Friday due to NFA relocation issues
Pacific Harbour Fire Station is closing down as the plot is owned by Damodar Yatu Lau Pte Limited which has taken it back for development and the ...
5 hours ago

State asks for more time in case of man who trespassed at PM's residence
The Office of the Director of Public Prosecutions has asked for more time in the case of Mokani farmer, Waisea Naitini who was charged with ...
7 hours ago

Riyaz Sayed-Khaiyum and Vimlesh Sagar recharged after discontinued case
Former Chief Executive Officer of the Fijian Broadcasting Corporation, Riyaz Sayed-Khaiyum and Chief Financial Officer, Vimlesh Sagar have been ...
7 hours ago

COMPOL says it is easy to assume things based on a video that shows only one side of the story
Commissioner of Police Rusiate Tudravu is reiterating calls for members of the public to cooperate with Police or face possible charges. This ...
7 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Tui Nayau and Tui Lau Installation
The ceremony for the installation of the Tui Nayau Sau ni Vanua o Lau will be held tomorrow, while the installation ceremony of the Tui Lau will be held in Tubou on Thursday.
11 hours ago

CFL 40th Birthday
CFL’s 40th Anniversary celebrations to culminate with free concert at Albert Park on ...
3 days ago

Pacific Mini Games in Palau, 2025
Full coverage of Team Fiji's journey through the 2025 Palau Games.
5 days ago

TOP