ASB has agreed to pay $135.6 million to settle a class action lawsuit over historic breaches of credit disclosures.
The amount is less than half of the $300 million initially offered to ASB to settle in July. However, the final settlement is still subject to court approval.
The class action case against the country's biggest bank, ANZ, continues. RNZ business journalist Anan Zaki explains.
Photo: RNZ / Marika Khabazi
