Another big-four lender has announced a reprieve for drought-hit farmers in NSW and Queensland.
But the Commonwealth Bank of Australia will not follow rival ANZ Banking Group in promising not to kick farmers off their land.
CBA's drought support package, unveiled on Friday, includes a temporary suspension on loan repayments, loan extensions, interest-free periods, and waivers on certain fees and charges.
The bank says it will work with debt-laden farmers in drought-affected areas on a case-by-case basis.
"This should provide some relief during this difficult time," executive general manager of regional and agribusiness banking Geoff Wearne said in a statement.
ANZ's announcement it will no longer force farmers off their land for at least a year has been welcomed by the federal government and independent MPs.
Another lender, National Australia Bank, told media it did not have enough agribusiness customers in severe financial difficulty to warrant foreclosures.
In the past year, it has foreclosed on only seven of its 30,000 Queensland and northwest NSW clients.
Meanwhile, a Nationals senator is seeking support for proposed laws making it illegal for banks to throw drought-hit farmers off their land.
A private member's bill by Queensland Senator Barry O'Sullivan would also prevent lenders hitting graziers with penalty interest rates.
