NBR
The Budget reaction: commentators have their say
26/05/2017
The government’s prudent financial management provides a solid grounding for the New Zealand economy, households and businesses, says the New Zealand Bankers’ Association today in response to Budget 2017.
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Stuff.co.nz
Wellington retail group asks banks to help solve ATM begging problem
23/05/2017
New Zealand Bankers’ Association chief executive Karen Scott-Howman confirmed banks had been approached by the Wellington group, and said: “We’re happy to discuss this, and will put them in touch with our member banks.”
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Interest.co.nz
World’s second largest digital currency urges regulators to get banks to stop blanket de-risking
12/05/2017
The New Zealand Bankers’ Association chief executive Karen Scott-Howman says: “Under the law banks do not de-risk whole classes of customers. Instead, they apply their obligations under the AML/CFT regime on a case by case basis.
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TVNZ
Should an extra tax be slapped on banks in NZ?
10/05/2017
New Zealand banks operate in a different environment and the Australian levy won’t affect New Zealand customers.
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NZ Herald
Aussie banks take a big hit after new tax
10/05/2017
New Zealand banks operate in a different environment from those in Australia. Here we have strong and independent regulators, a very competitive banking sector and high levels of customer satisfaction.
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Wairarapa Times-Age
Another bank closes
10/05/2017
New Zealand Bankers’ Association chief executive Karen Scott-Howman said the way people banked had “changed hugely” in recent years. She said “only a fraction” of banking transactions were done in branches these days. “This means some branches no longer make commercial sense.”
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TVNZ
Reserve bank warns of potentially stressful impact of potential interest rate spikes
07/05/2017
Banks are responsible lenders and take into account a number of factors when making lending decisions. That includes testing affordability at higher interest rates and factoring in realistic essential expenditure.
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Newsroom
Heads in the sand, houses in the water
02/05/2017
Lending decisions on any property are made on a case by case basis. It’s quite possible that in time banks would require more equity or shorter term mortgages when considering lending on potentially affected coastal properties.
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NBR
NZ banks urged to shake up retail practices
27/04/2017
New Zealand banks, as well as their Bankers’ Association, say changes are already under way because of the Financial Advisers Act.
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NZ Herald
New Zealand housing market crash warning issued by international ratings agency Moody’s
12/04/2017
New Zealand Bankers’ Association chief executive Karen Scott-Howman said the Reserve Bank had “stress-tested” our banks and found them strong enough to withstand a severe downturn.
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