ANZ Bank New Zealand Limited
ANZ Bank New Zealand Limited has signed a settlement agreement with the Commerce Commission admitting a breach of its responsible lending obligations, and has also agreed to pay customers a further $29.4 million.
Case Details
Parties
ANZ Bank New Zealand Limited
Category
Consumer
Sub-category
Act/Section
Credit Contracts and Consumer Finance Act 2003 9C(2)(a)(iii)
Industry
Financial and insurance services
Status
Closed
Outcome
Settlement
Case Number
Date opened
29 June 2017
Date closed
02 March 2020
Contact person