Temporary loan repayment deferrals due to COVID-19 dashboards - accessible version

These dashboards are from the Temporary loan repayment deferrals due to COVID-19, July 2020 publication.

Aggregate industry data on loans subject to repayment deferrals dashboard

Many authorised deposit-taking institutions (ADIs) have granted temporary relief to borrowers impacted by COVID-19, allowing them to defer loan repayments for a period of time. To provide greater transparency of loan repayment deferrals at the industry level, APRA is publishing the data obtained from ADIs.

Progressive total of loans subject to deferral: $240 billion of loans were subject to deferral at 31 July, representing 9% of total loans.

Monthly movements: $170 billion of loans were approved for deferral and $1 billion of loans expired or exited from deferral in April 2020. $45 billion of loans were approved for deferral and $2 billion of loans expired or exited from deferral in May 2020. $40 billion of loans were approved for deferral and $33 billion of loans expired or exited from deferral in June 2020. $20 billion of loans were approved for deferral and $40 billion of loans expired or exited from deferral in July 2020.

Proportion of total loans:

• At 30 Apr: Total loan deferrals – 9% of total loans, Housing loan deferrals – 9% of housing loans, Small business loan deferrals – 16% of small business loans.
• At 31 May: Total loan deferrals – 10% of total loans, Housing loan deferrals – 11% of housing loans, Small business loan deferrals – 18% of small business loans.
• At 30 June: Total loan deferrals – 10% of total loans, Housing loan deferrals – 10% of housing loans, Small business loan deferrals – 17% of small business loans.
• At 31 July: Total loan deferrals – 9% of total loans, Housing loan deferrals – 9% of housing loans, Small business loan deferrals – 17% of small business loans.

Number of loan facilities*: Total – 781,919 (4% of total facilities); Housing – 414,430 (7% of housing facilities); Small business – 216,993 (12% of small business facilities).

*The number of facilities does not necessarily indicate the number of borrowers as individual facilities with more than one repayment type may be reported more than once.

Housing loan risk profiles**

Deferred housing loans (percentage of housing loans)

• Loan to value ratio > 90 – 9%
• Interest-only – 14%
• Investor – 34%

Total housing loans (percentage of total loans)

• Loan to value ratio > 90% – 5%
• Interest-only – 17%
• Investor – 36%

**to give an indicator of potential elevated risk in loans subject to deferral this chart compares loans subject to deferral to total loans across three key cohorts - loan to value ratio of greater than 90 per cent, investor loans and interest only loans.

Borrowers continuing to make repayments:

• At 30 Apr: Partial Repayments – 13%; Full Repayments 21%. At 31 May: Partial Repayments – 8%; Full Repayments – 12%.
• At 30 June: Partial Repayments – 10%; Full Repayments – 10%. At 31 July: Partial Repayments – 9%; Full Repayments – 11%.
• At 31 July: Partial Repayments – 9%; Full Repayments – 11%.

 

Data as at 31 July 2020. Data prior to June from the largest 20 ADIs by loan size. Data from June from all ADIs excluding foreign branches.

Largest authorised deposit-taking institutions with loans subject to repayment deferrals dashboard

Many authorised deposit-taking institutions (ADIs) have granted temporary relief to borrowers impacted by COVID-19, allowing them to defer loan repayments for a period of time. To provide greater transparency of loan repayment deferrals, APRA is publishing high-level data from ADIs with over $20 million in total deferrals and over 20 loan facilities. The data below is based on the available infographic, and contains data from ADIs with over $1 billion in total loans subject to repayment deferral.

Total loans subject to deferral – share of total loans 

This chart shows the percentage of deferrals as a share of total loans for 12 ADIs. The largest share in July was BOQ at 13%, and lowest share HSBC at 4%.

Movements in the month of July 2020 

This chart shows new or extended deferrals and expired or exited deferrals as a share of prior month deferrals. The largest movement in new or extended deferrals was AMP at 59%. The largest movement in expired or exited deferrals was AMP at 62%.

Share of total loans by type 

This chart shows the percentage of small and medium business deferrals as a share of total small and medium business loans, and the percentage of housing deferrals as a share of housing loans. The largest share for small and medium businesses was CBA at 26%, the lowest was MEB at 0%. The largest share for housing were BOQ, ANZ and NAB at 12%, the lowest was HSBC at 5%. 

Housing loan risk profiles 

This chart shows both the percentage of housing deferrals with loan-to-value ratios > 90% as a share of total housing deferrals, and interest-only housing loans as a share of total housing deferrals. The largest share for loan-to-value ratio > 90% was CBA at 13%, the lowest was MBL at 3%. The largest share for interest-only were WBC, MBL and BEN at 21%, the lowest was HSBC at 8%.

List of entities in the infographic:

• AMP - AMP Bank Limited;
• ANZ - Australia and New Zealand Banking Group Limited;
• BEN - Bendigo and Adelaide Bank Limited;
• BOQ - Bank of Queensland Limited;
• CBA - Commonwealth Bank of Australia;
• HSBC - HSBC Bank Australia Limited;
• IBAL - ING Bank (Australia) Limited;
• MEB - Members Equity Bank Limited;
• MBL - Macquarie Bank Limited;
• NAB - National Australia Bank Limited;
• SUN - Suncorp-Metway Limited;
• WBC - Westpac Banking Corporation.

Data as at 31 July 2020.