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Commonwealth Bank says loan deferrals declining, APRA data show $229b in loans still paused across all banks – ABC News

The Commonwealth Bank says repayment deferrals for its mortgage and small business customers continue to decline but are still worth $59 billion, with the total…

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The Commonwealth Bank has revealed the number of home loan repayment deferrals on its lending book declined to 114,000 in August (worth $45 billion), down only slightly from 117,000 in July ($46 billion) and 125,000 in June ($49 billion).
Key points:

  • CBA says the total value of loan deferrals on its books is $59 billion, down from $67 billion in June
  • Home loan accounts granted repayment deferrals number 114,000, down from 125,000 in June
  • Financial regulator says exits f…

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