CBA commonwealth bank of australia.

News: CBA CBA Updates On Consumer Credit Insurance Class Action

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    Sept 18 (Reuters) - Commonwealth Bank of Australia (CBA) :

    • CONSUMER CREDIT INSURANCE (CCI) CLASS ACTION
    • NOTES THAT ON 15 SEPT FEDERAL COURT OF AUSTRALIA APPROVED SETTLEMENT REACHED IN RELATION TO CCI CLASS ACTION
    • APPROVED SETTLEMENT SUM OF A$50 MILLION IS CONSISTENT WITH CBA’S ANNOUNCEMENT ON 14 NOVEMBER 2022.
    • CLASS ACTION RELATES TO CONSUMER CREDIT INSURANCE FOR CREDIT CARDS AND PERSONAL LOANS THAT WAS SOLD BETWEEN 1 JAN 2010 AND 7 MARCH 2018
 
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