Westpac Fiji confirms receiving requests and enquiries from businesses and personal loan customers since announcing the COVID-19 Customer Package

Westpac Fiji confirms receiving requests and enquiries from businesses and personal loan customers since announcing the COVID-19 Customer Package

By Shanil Singh
21/04/2020
Westpac Main Branch Suva.

Westpac Fiji has confirmed they have recieved a significant number of requests and enquiries from both business and home/personal loan customers since they announced the COVID-19 Customer Package.

Westpac Fiji Chief Executive, Kip Hanna says right now they are seeing around 60% of applications for assistance from business customers and from those who need help with home loans.

Hanna says they have so far seen the greatest impact is on those who are involved in sectors where business contracted significantly due to the pandemic such as tourism and related sectors like aviation and hospitality.

He says at the moment, application processing times may be longer than usual due to the number of applications but adds that his teams work through all requests as quickly and diligently as possible. Hanna is urging customers to reach out early if they start to experience financial distress or to worry about making loan payments.

He also says that loan repayment holidays are just one option and they are willing to assist customers to understand other options available so they can choose the best for their business or family.

Credit Corp Fiji Care
Credit Corp Fiji Care
FEATURE NEWS
PM says AG has asked Minister of Justice to ‘explain’ and report on Acting Corrections Commissioner issue
Prime Minister and Constitutional Offices Commission Chairman, Sitiveni Rabuka says he will need to verify the date of the incident involving the Acti...
6 hours ago
LATEST NEWS
Online Safety Commission receives complaint about viral video showing Acting Corrections Commissioner involved in a fist fight
The Online Safety Commission has received a complaint regarding a video currently circulating which shows a senior government official involved in an ...
5 hours ago

Oldest operational US War Vessel, USS Blue Ridge, docks in Suva
United States of America Navy Vessel 7th Fleet Flagship USS Blue Ridge LCC 19, the oldest operational Navy Vessel in operation with 1,000 Navy crew ...
6 hours ago

SPX-listed companies declare $43M in dividends, up 116% from Jan–April 2024
Companies listed on the South Pacific Stock Exchange have collectively declared $43 million in dividends from January to April this, continuing a ...
6 hours ago

FICAC drops sedition and other charges against Ben Padarath due to lack of witnesses
FICAC will not be able to continue to prosecute Benjamin Padarath, who was charged with sedition, attempting to defeat the course of justice, ...
6 hours ago

WAF attend burst pipe on Talasiga Road off Rewa Street
Residents of Talasiga Road off Rewa Street in Suva are raising concerns about the impact of a burst pipe on their road. A concerned citizen had ...
6 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
Tragedy at PRB Flats: Couple found dead in suspected murder-suicide in April
A couple were found dead at the new Lagilagi Public Rental Board Flats today and it is alleged at this stage that it was a murder suicide case on ...
13 hours ago

Tevita Ikanivere on fijivillage Straight Talk With Vijay Narayan
The show focuses on Ikanivere’s journey, his family, career and how far the Drua has ...
13 days ago

Daniel Fatiaki and Professor Narsey on fijivillage Straight Talk With Vijay Narayan
Chair of the Electoral Reform Commission and former Chief Justice, Daniel Fatiaki and Electoral Reform Commissioner and economist, Professor Wadan ...
13 days ago

TOP