Log In Sign Up
News Wire / economy

ANZ Bank Interest Error Affects Customers

RNZ National Auckland 7d7d Impact 7
ANZ Bank's loan calculators incorrectly charged approximately 17,000 customers the wrong amount of interest. The error could potentially cost the bank $125 million. The bank is currently considering an appeal regarding the matter.

Topics

banking error interest rates ANZ Bank

Developing

  1. 862d Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore.
  2. 862d Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.
  3. 862d Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est.
  4. 862d Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

Sources · 7 independent

RNZ National

“loan calculators saw it charge about 17,000 customers the wrong amount of interest. This error could cost the bank $125 million, though they are considering an appeal.”

Tokyo FM

“ANZ Bank Interest Error Affects 17,000 Customers”

BCC News Taiwan

“澳新银行的利息计算错误影响了约17,000名客户。”

RNZ National

“What did ANZ actually do here?”

Tokyo FM

“ANZ Bank Interest Error Affects Customers”

VOV1 Vietnam

“ANZ Bank Interest Error Affects Customers”

ABC News Australia

“ANZ Bank has reported an interest calculation error that has affected some customers.”

The Sydney Morning Herald

“The bank is working to rectify the situation and compensate affected individuals.”

The Age

“The exact number of customers impacted is still being determined.”

RNZ National

“ANZ Bank has reported an error in its interest calculation system that has affected numerous customers.”

The New Zealand Herald

“The bank is working to rectify the issue and compensate affected clients.”

ABC News Australia

“The extent of the financial impact is still being assessed.”

Unlock the full story

Get a Pro subscription or above to see the live story progression and the full list of independent sources confirming each event as they happen.

Log in to upgrade