Business

Jenene Crossan: Six months of life with Covid-19

[ad_1] By RNZ New Zealand businesswoman Jenene Crossan became No. 37 on the list of confirmed coronavirus cases in this country in March, but she still suffers from associated health problems, not to mention “hardcore internet trolls,” six months later. Having previously lived in London, Crossan, CEO of Powered by …

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As of July 31, a total of $ 73.7 billion of bank loans were receiving some form of COVID-19-related relief. Gareth Vaughan speculates on what could happen to banks’ non-performing loan ratios when the deferral scheme finally ends.

[ad_1] As of July 31, borrowers with bank loans worth $ 73.7 billion were receiving payment relief related to COVID-19. Loan repayment deferrals were introduced for six months in March at the start of the COVID-19 crisis. The Reserve Bank agreed last month that banks can extend these deferrals for …

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