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Massive pandemic loan repayments buoy CUA

Liam WalshReporter
Updated

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Australia’s biggest customer-owned lender, CUA, says almost 95 per cent of an initial batch of borrowers who sought coronavirus hardship packages have started repayments.

“That’s encouraging but it’s still a little too early to call,” chief executive Paul Lewis told The Australian Financial Review.

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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au

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    Original URL: https://www.afr.com/companies/financial-services/massive-initial-pandemic-loan-repayments-buoy-cua-20200909-p55tyk