Commonwealth Bank will refund A$7.6 million to 8400 customers after it failed to apply fee waivers and other concessions to AgriAdvantage Plus account holders. The AgriAdvantage package was launched in 2005, offering lending facilities, overdrafts, savings and transaction accounts along with a range of interest rate and fee concessions. The Australian Securities and Investments Commission said CBA had reported the matter under its breach reporting obligations and advised of its intention to pay refunds. Westpac has launched the retail investor component of its A$3.5 billion capital raising, offering one new share for every 23 shares held at $25.50 a share. The bank confirmed that it was planning to pay a final dividend of 94 cents a share - one cent above the interim dividend. The institutional offer and shortfall bookbuild were completed on Friday. The retail offer opens on October 23. Debtor finance specialist Bibby Financial Services has appointed Brendan Green as state manager for New South Wales and the Australian Capital Territory. Green was head of cash flow finance at St George Bank between 2006 and 2010.