NAB Promises To Play Fair

NAB Commits To Being A Model Litigant

Summary: 

All four major banks have now committed to becoming Model Litigants. NAB was the last to do so. Acting CEO Phil Chronican who will soon take over as Chairman of the bank's board was in the hot seat at the March 2019 House Economics Committee bank CEO grilling. He made it clear that the bank is committed to acting ethically, morally and fairly when dealing with clients where a dispute exists. This is a critical breakthrough in the quest for justice. Mr Chronican and other bankers have been given cases where the bank's lawyers most certainly did not act as Model Litigants.

Previous CEO Thorburn botched his chance to have the bank do the right thing. The new environment will see legacy cases properly settled and in the future bankers will be less likely to allow abuses to bring in profits.

Article Information
Category: 
Banking Company: 
NAB
Author: 
Dr P Brandson - CEO BRN
Source: 
The House Economics Committee
Date First Published: 
28 Mar 2019
Posted By
Peter Brandson
Peter Brandson's picture

Extend RC - Sign Petition!

Extend Australian Royal Commission Banking & Finance

Bank Victims Horror Stories

From Extend RC Parliament Event
>> See ALL Horror Stories List

Bank victims, supporters and concerned citizens want to see...
ANZ CEO Shayne Elliott finally admits documents they used...
In the past bankers liked to present themselves as...
How low can a bank go? Setting up a farmer to strip the...

Recent News & Articles

Election 2019 is our chance to show we are not falling for...
Commissioner Hayne took on a role that deliberately limited...
NAB "experiment" fails as bank's victims pull the pin on ex...

Need Support?

Financial Help
Tips & Resources to help you avoid or manage financial difficulty...

>> read more 

Emotional Help
Financial stress is a major factor in depression and anxiety, if you are suffering you can get help...

>> read more 

Poll

Should bank CEOs and loan officers face asset seizures and jail terms for criminal banking practices?

Socialize with us

Join BRN -Take Action



               


Go to top