Media Appearances  /  RBNZ Governor says banks will need to be ‘forgiving’ as more people are set to lose their jobs as mortgage repayment deferrals expire

RBNZ Governor says banks will need to be ‘forgiving’ as more people are set to lose their jobs as mortgage repayment deferrals expire

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According to the New Zealand Bankers’ Association, banks approved repayment deferrals on $18.9 billion of consumer loans to 53,779 customers, in the nearly two months to May 18.

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