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.
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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
Wed, 09 May 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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ANZ scrambles to fix loan botch-up affecting 100,000 customers
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