Banking Ombudsman Scheme investigates highest number of disputes in a decade

Banking Ombudsman Scheme investigates highest number of disputes in a decade

‌The Banking Ombudsman Scheme has recorded a 26% rise in disputes in the 2026 financial year. Photo / NZMEThe Banking Ombudsman Scheme has recorded a 26% rise in disputes in the 2026 financial year. Photo / NZMEThe number of disputes taken to the ombudsman about New Zealand banks is the highest in a decade.The Banking Ombudsman Scheme investigated 283 disputes in the 12 months ending June 2026, up 26% from the previous financial year, according to its latest annual report. As a result, $1.3 million

Original Source

Read the full article at Nzherald →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.