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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Stuff.co.nz
Fraud and abuse cases gathering dust, family violence reports soaring: Why police pushed for more numbers
10/04/2017
Customers were often the victims in such fraud cases, New Zealand Bankers’ Association chief executive Karen Scott-Howman said.
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Stuff.co.nz
Sharia finance a growing market but NZ banks not acting yet
10/04/2017
Karen Scott-Howman said banks were constantly responding to customer preferences. “That’s certainly the case with mobile and internet banking. We’re not seeing that kind of demand for Sharia-compliant banking here.”
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NZ Herald
Card skimming hits Rotorua locals
01/04/2017
New Zealand Bankers’ Association chief executive Karen Scott-Howman said people should always take care when entering PIN numbers at ATMs.
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NZ Herald
Police swoop on $10k bank account deals
24/03/2017
Karen Scott-Howman, chief executive of the Bankers’ Association, acknowledged the role banks play in fighting financial crime but said customer privacy and confidentiality was taken seriously.
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Interest.co.nz
FMA criticised for compromising quality by trying to increase the quantity of KiwiSaver advice on offer
07/03/2017
NZBA submits that the Guidance Note should retain its current level of flexibility in recognition of the fact that sales conversations can evolve differently. NZBA would not like to see further prescriptive steps or ‘checklists’ added as a result of consultation, which will not necessarily further the objective of providing simple or better advice to...
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NZ Herald
RBNZ announce review of bank capital requirements
07/03/2017
The review will cover the definition of capital, the measurement of risks that the banks face and the minimum capital requirements and buffer,” said Reserve Bank Deputy Governor Grant Spencer in a speech to the New Zealand Bankers’ Association in Auckland.
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