ANZ drops some fees in response to Hayne

ANZ says it will make 16 changes to its business, including dropping default charges on drought-hit farmers, following the recommendations of the financial services royal commission.

Australia’s fourth-largest bank by assets says it will also drop dishonour fees from pensioners’ accounts and behave as a model litigant in cases involving small businesses, among other changes.

The lender did not say whether the moves would have a financial impact.

Source link Finance News Australia

Enter your Email Address

Leave a Reply

Your email address will not be published. Required fields are marked *