Business
Australia’s ANZ says 15,000 mortgage holders fear they can’t pay home loans – CNBC
ANZ CEO Shayne Elliott told a parliamentary hearing the bank still did not know the true impact of the virus on the bank’s roughly A$246 billion ($179 billion) mortgage book since customers could pause repayments if they could not make them.
About 15,000 people with Australia and New Zealand Banking Group mortgages fear they can no longer pay their home loans due to the economic impact of the coronavirus, the head of Australia’s fourth-largest lender said on Friday.
ANZ CEO Shayne Elliott told a parliamentary hearing the bank still did not know the true impact of the virus on the bank’s roughly A$246 billion ($179 billion) mortgage book since customers could pause repayments if they could not make them.
However, of the bank’s 84,0…
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