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BNZ to pay $2.6m after admitting it misled customers – 23,000 underpaid $5.39m in interest

BNZ's chief executive apologised to those affected.

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nzherald.co.nzStai leggendo1 g fa

BNZ to pay $2.6m after admitting it misled customers – 23,000 underpaid $5.39m in interest

BNZ's chief executive apologised to those affected.

originale

rnz.co.nz1 g fa

BNZ fined $2.6 million after misleading some customers with non-profit accounts

BNZ self-reported the issue to the FMA and paid out the correct interest to affected customers, plus interest on the use of their money for a total of $5.44m.

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Timeline cronologica

mercoledì 17 giugno 2026·nzherald.co.nz
BNZ to pay $2.6m after admitting it misled customers – 23,000 underpaid $5.39m in interest
BNZ's chief executive apologised to those affected.
mercoledì 17 giugno 2026·rnz.co.nz
BNZ fined $2.6 million after misleading some customers with non-profit accounts
BNZ self-reported the issue to the FMA and paid out the correct interest to affected customers, plus interest on the use of their money for a total of $5.44m.