HomeView 2013 Media ReleasesFinancial support for bushfire affected communities

Australia’s customer owned banking institutions are supporting the fire relief effort in Tasmania and other areas across Australia by offering hardship emergency assistance to customers.

Tasmanian institutions B&E, Heritage Isle and MyState are working with bushfire affected communities to support people with immediate and longer term assistance.

Some of the assistance available includes: Deferral of repayments for loan customers; Waiving of penalties to access term deposits; Waiving of establishment fees for business loans; Fast access to credit via branches for people who lost cards in the fires.

Local customer owned banking organisations will talk to customers about their own unique financial circumstances resulting from the fires around Australia and provide tailored assistance to meet their short term and longer term needs. “The fires in Tasmania have devastated several local communities and our thoughts are with the people of Tasmania during this fire crisis,” Abacus CEO Louise Petschler said.

“The bushfire threat across Australia remains very real, particularly in the coming weeks.”

“Our institutions are ready to help their customers in Tasmania and other bushfire affected areas across Australia with urgent financial assistance immediately and in the challenging period ahead.”

Local customer owned institutions have supported the Red Cross Tasmanian Bushfire Appeal.

Abacus encourages people to make a donation, online at www.redcross.org.au or by calling 1800 811 700.

For more information, please contact:
Daniel McDougall, Senior Adviser – Media
02 8299 9024; 0407 637 541; This e-mail address is being protected from spambots. You need JavaScript enabled to view it

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