NZ Banking Association says despite tough economic conditions, ‘the vast majority of New Zealanders’ are managing their financial situation well

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The NZBA figures show that there are 9.86 million unique banking customers. Of those, 9,267 customers applied for hardship status, up 1% from the period between July 2023 and December 2023. 5,968 customers were granted hardship status, up 6.9%.

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