HomeGeneral NewsNAB and subsidiary ordered to pay $15.5 million after ASIC takes court...

NAB and subsidiary ordered to pay $15.5 million after ASIC takes court action

August 14, 2025

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A big four bank and one of its subsidiaries have been ordered to pay $15.5 million for failing to respond to struggling customers.

The Federal Court yesterday ordered National Australia Bank (NAB) and AFSH Nominees to pay the penalty for failing to respond to 345 hardship applications within the…

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NAB and subsidiary ordered to pay $15.5 million after ASIC takes court action

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NAB and subsidiary ordered to pay $15.5 million after ASIC takes court action

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