Banks’ compassionate response to hardship helps to make up for past sins.

Banks' compassionate response to hardship helps to make up for past sins MY MONEY Big fair-weather banks are often friends. called They're our around during the good times but nowhere to be seen when you need them the most. For example, ANZ has expanded the six-month repayment deferrals to businesses with loans of up to $10 million, covering 98% of Australian businesses that bank with it. 2 LOWER INTEREST RATES FOR SMALL BUSINESS OWNERS AND HOMEOWNERS To help more small business owners get back on track, the banks have lowered their business loan rates and relaxed eligibility criteria. [Extracted from the article]