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

NAB reports record jump in business finance for EVs as uptake accelerates

New data from Australia’s largest business bank shows businesses are driving the switch to electric vehicles with the value of the bank’s EV loan book growing by a record 224% year-on-year.

  • 29.02.2024
  • Time to read 3 min read
  • Economy

Melbourne and Sydney businesses “Enchanted” by Taylor’s Aussie Era

Taylor fever gripped Sydney-siders last weekend, with an estimated $135 million boost in spending recorded at businesses in Sydney’s inner suburbs

  • 28.02.2024
  • Time to read 1 min read
  • Media Release

NAB releases Q1 trading update

  • 21.02.2024
  • Time to read 1 min read

Quick links

Business Research and Insights

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