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Defensive banks distance themselves from latest Aussie scandal

They claim they regularly review whether their insurance products deliver good outcomes.

Reweti Kohere Fri, 12 Jul 2019

Most of the country’s major banks are taking a defensive position on credit card insurance, saying they regularly review whether their insurance products deliver good outcomes.

That comes after an Aussie regulator found credit card insurance has failed Aussie customers.

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Reweti Kohere Fri, 12 Jul 2019
Contact the Writer: reweti@nbr.co.nz
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Defensive banks distance themselves from latest Aussie scandal
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