CBA says loan deferrals declining, APRA data show $229b in loans still paused across all banks

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The Commonwealth Bank says repayment deferrals for its mortgage and small business customers continue to decline but are still worth $59 billion, with the total of paused loans across all banks sitting at $229 billion.

The Commonwealth Bank has revealed the number of home loan repayment deferrals on its lending book declined to 114,000 in August , down only slightly from 117,000 in July and 125,000 in June .CBA says the total value of loan deferrals on its books is $59 billion, down from $67 billion in JuneFinancial regulator says exits from loan deferrals have outweighed new entries for two months in a row

The total value of all loan deferrals on its books — home loans, business loans, and personal loans — is now $59 billion, down from $62 billion in July and $67 billion in June.

 

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