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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
4 mins to read

ANZ scrambles to fix loan botch-up affecting 100,000 customers

The faulty calculator wasn't part of ANZ's core banking system. Watch Grant Walker's interview with ANZ's MD retail and business banking.

Jenny Ruth
Wed, 09 May 2018

ANZ Bank is still grappling with the fallout from a loan interest calculator it introduced in March 2015 but it didn’t discover was faulty until a year later.

It took another 15 months before ANZ reported the situation to the Commerce Commission, which says it has an open investigation of the

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Jenny Ruth
Wed, 09 May 2018
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ANZ scrambles to fix loan botch-up affecting 100,000 customers
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