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Commerce Commission Dismisses Farmers' Complaint Against Banks

NEW ZEALAND, JUL 21 – The Commerce Commission found no unlawful coordination among five banks that control 97% of agricultural lending despite Federated Farmers' concerns about climate-linked lending policies.

Summary by NZ Herald
The Commerce Commission has dismissed a complaint by Federated Farmers accusing banks of colluding by signing up to a United Nations climate initiative. The...

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  • 100% of the sources are Center
100% Center

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NZ Herald broke the news in Auckland, New Zealand on Monday, July 21, 2025.
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