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ANZ Bank to pay $29m more for responsible lending breaches

The bank’s settlement is ComCom’s largest with a single bank.

Reweti Kohere Mon, 02 Mar 2020

ANZ Bank will stump up a further $29 million after admitting it breached responsible lending obligations, in what the Commerce Commission says is its largest settlement with a single bank.

The bank has signed a settlement agreement with the consumer watchdog, admitting it failed to take the

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Reweti Kohere Mon, 02 Mar 2020
Contact the Writer: reweti@nbr.co.nz
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ANZ Bank to pay $29m more for responsible lending breaches
General Business,
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