Bay of Plenty Times
Mortgage wars: How homeowners are saving tens of thousands
13/11/2020
New Zealand Bankers’ Association chief executive Roger Beaumont said interest rates were at historic lows. “That’s good news for households and businesses looking to borrow. The flip side is that investors, including people who rely on interest income, get a lower rate of return on bank deposits.”
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NZ Adviser
FIRST Union welcomes trial of regional banking hubs
04/11/2020
FIRST Union supports the trial of banking hubs in four New Zealand regions as the country seeks to maintain face-to-face services amid the COVID-19 pandemic, retain jobs in banking, and ensure that rural areas don’t lose vital infrastructure.
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NBR
Dealing with the digitally disenfranchised
01/11/2020
ANZ, ASB, BNZ, Kiwibank, TSB, and Westpac are all taking part in the year-long trial being coordinated by industry body the Bankers’ Association.
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NZ Adviser
Major banks join forces to launch banking hubs in regional communities
29/10/2020
“I am delighted to see that this unique partnership of six banks looking at innovative ways to support smaller communities is ready to go,” said Roger Beaumont, the chief executive of the New Zealand Bankers’ Association.
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Stuff
Stoke banking hub gets December go-ahead
27/10/2020
The New Zealand Bankers Association announced that a new banking hub will open on December 3 in the John’s Stoke Pharmacy building at Putaitai St.
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Stuff
Banks beginning trials that could save face-to-face banking in regions
27/10/2020
Banks will start a trial of shared regional banking hubs in November, using an old ANZ branch, a library, a community centre and a pharmacy.
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Stuff
Waves of ‘zombie’ company failures predicted as Covid support withdrawn
28/09/2020
By the end of August, the New Zealand Bankers’ Association said its member banks had allowed 15,135 businesses owing $18.3 billion to make reduced repayments on loans.
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Interest.co.nz
Centrix suggests lenders will need to work with some customers who have their mortgages deferred to refinance or restructure
20/09/2020
New Zealand Bankers’ Association figures show, as of August 31, a total of 95,038 customers with home loans, personal lending, credit cards and arranged overdrafts, were making reduced payments on lending worth $29.4 billion, or 10% of the market.
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Business Desk
Labour promises to extend interest free loans, regulate card fees
08/09/2020
“We look forward to seeing the detail of what’s being proposed in this complex area. We’d be happy to engage in any consultation that results from this policy proposal,” said Roger Beaumont, chief executive of the NZ Bankers’ Association.
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Newsroom
Labour warned: merchant fee regulation not easy
07/09/2020
Bankers’ Association chief executive Roger Beaumont said he “looked forward to seeing the detail of what’s being proposed in this complex area. We’d be happy to engage in any consultation that results from this policy proposal.”
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