Stuff
Banks: Call us, if you are under financial pressure
18/08/2021
New Zealand Bankers’ Association chief executive Roger Beaumont said: “On top of the support measures already announced by the government, we encourage anyone experiencing financial difficulty as a result of the lockdown to contact their bank.
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NZ Adviser
How many Kiwis are ahead on home loan repayments?
18/08/2021
According to Roger Beaumont, chief executive at NZBA, data collected and aggregated from NZBA’s 10 main retail member banks showed that 50% of home loan customers are ahead on their repayments.
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Stuff
Data portability is coming to NZ – here’s what it means to you
12/07/2021
Bankers’ Association spokesman Philip van Dyk told Stuff last week that it supported the initiative “in principle” before adding that “research shows that few people think sharing your personal information with third parties is a good idea.”
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Stuff
Anger as half of bank branches cut their hours and cash is increasingly difficult to use — Reserve Bank finds
06/07/2021
The closure of branches sparked a hearing in Parliament in which the Bankers’ Association defended the closures saying they only reflected customer demand digital banking.
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Stuff
‘Consumer data right’ may make switching banks easier
06/07/2021
“Research shows that few people think sharing your personal information with third parties is a good idea. Third parties seeking to use consumers’ personal data will need to show they have proper safeguards in place.”
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Otago Daily Times
Disabled, older bank users allege neglect
06/07/2021
Less than 1% of payments were made by cheque and options for former cheque users included direct debit, automatic payments and phoning a bank, he said.
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Rural News
Is that banker with a b or a w?
01/07/2021
“Covid-19 impacted many New Zealanders and our banks deferred or reduced loan repayments on $70 billion in business and household loans,” Beaumont says.
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RNZ
Covid-19: Government business finance guarantee ending
27/06/2021
“Depending on the customer’s circumstances, banks also offered to reduce loan repayments, temporarily deferred all repayments, extended the term of loans, consolidated loans, and provided access to short-term funding.”
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Stuff
Big banks close more than 460 ATMs and bank branches over 18 months
26/06/2021
“I heard a story a couple of weeks ago from one of our major banks where one of their branches was averaging six transactions a week. That’s not six transactions an hour or six transactions a day. Six transactions a week.”
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NZ Herald
Under pressure from mayors, Finance Minister tried unsuccessfully to get banks to extend ‘hubs’
21/06/2021
NZBA chief executive Roger Beaumont said Covid-19 had a significant impact on how customers used bank branches, the banking hubs and the commitments made by the six participating banks “none of which could have been foreseen when the trial was announced”.
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