NAB welcomes extension of COVID-19 SME Loan Guarantee Scheme

Share

Share

NAB has welcomed the announcement from the Government on the extension of the COVID-19 SME Loan Guarantee Scheme.

NAB CEO Ross McEwan said: “We welcome the Government’s expansion of the SME Loan Guarantee Scheme. The changes will make it available to more businesses, for longer, to help them rebuild – and support Australia’s recovery.”

NAB has been actively participating in the Scheme and has approved more than 5,500 loans since its launch.

Economy

SEE ALL TOPICS

Related Articles

  • Business

Luggage to last a lifetime: a travel boom, US expansion and rates-driven business growth for July 

Is 2025 the year of travel? Australian luggage brand and NAB customer July thinks so, and their global expansion plan proves it.

  • 28.02.2025
  • Time to read 4 min read
  • Announcements

NAB releases Q1 trading update

NAB today released its first quarter trading update.

  • 19.02.2025
  • Time to read 1 min read
  • Business

How businesses and farmers can secure big discounts on new green finance

Australian manufacturers, businesses, agribusinesses and farmers will be able to secure interest rate discounts and lower borrowing costs as part of a $300 million co-finance program between NAB and CEFC.

  • 31.01.2025
  • Time to read 3 min read

Quick links

Business Research and Insights

For more economic news, insights and analysis, visit NAB’s Business Research and Insights