- “The report represents an opportunity for the New Zealand banking industry to retain the confidence of our customers and ensure a solid foundation for banking in future.”
- New Zealand Bankers’ Association acting chief executive Antony Buick-Constable said it represented an “opportunity” to retain the confidence of customers.
- The New Zealand Bankers Association has welcomed the report and says it is pleased the review found no evidence of widespread misconduct and culture issues.
- “We fully accept we have work to do in many areas to ensure we continue to do the right thing by our customers,” NZBA acting chief executive Antony Buick-Constable said.
- Industry lobby group NZ Bankers Association did a comparison in 2015 which showed the big banks are squarely in the middle of the pack compared with other listed companies.
- As responsible lenders, banks will look at both your willingness and ability to repay. If you don’t have a great credit history, you can work with your bank to rebuild it.
- If you’ve been bankrupt before, it will help to rebuild a good credit history that demonstrates your willingness to repay. If you show you can keep up repayments your bank may work with you on something bigger, like a home loan.
