Radio NZ
Bankers respond to criticism over profits
22/11/2012
The Bankers Association commissioned Massey University’s Centre for Banking Studies to compare the return on shareholders’ equity for the banks, with those of the top 50 listed firms, between 2008 and 2012.
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Interest.co.nz
Bank lobby group says NZ bank profits in the middle of the pack when compared with major listed companies
21/11/2012
Bank lobby group the New Zealand Bankers’ Association (NZBA) says bank profitability, based on return on equity (RoE) over the past five years, comes in mid-table when compared with bigger sharemarket listed companies.
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Interest.co.nz
New Zealand will seek to negotiate tax information agreement with US over ‘FATCA’ law NZ banks had feared would cost them NZ$100 mln
25/10/2012
“It’s a useful step towards sorting out a very thorny and expensive compliance issue for us. We understand US moves to clamp down on tax evasion by Americans living around the world. But without an inter-governmental agreement, the US law’s provisions are virtually unworkable,” said Hope.
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NBR
Banks claw back profits
24/10/2012
Large profits in the banking sector needed to be considered alongside the contribution banks made to the economy, Mr Hope says. “Last year banks contributed around $6 billion to our economy through the $4.5 billion they invest in running their businesses here, and the $1.3 billion they paid in tax.”
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NZ Herald
Banks slam FMA KiwiSaver selling advice
17/10/2012
The banking industry’s lobby group has slammed the investment regulator over its guidance on how KiwiSaver should be sold, saying it will be harder for consumers to get information on the retirement savings scheme.
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Newstalk ZB
Most Kiwis rate their bank highly – survey
09/10/2012
A survey by Consumer NZ shows the banking sector in New Zealand rates well above other service sectors. New Zealand Bankers’ Association chief executive Kirk Hope says banks have lifted their game over the last five years, with an eight percent increase in customer satisfaction from 84 percent to 92 percent.
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Newstalk ZB
Bankers keen to make Kiwis more money smart
02/09/2012
The week ahead is Money Week, and the banking industry is getting on board with a range of financial education activities. Mr Hope says banks are backing Money Week because they believe well-informed customers are better placed to make borrowing and investment decisions.
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3 News
New bill could reduce compliance costs
09/08/2012
A reduction in compliance costs could be on the way for small and medium sized companies if the new financial reporting bill passes later this year. New Zealand Bankers’ Association CEO Kirk Hope says the savings could be significant.
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Interest.co.nz
What’s in the banking code and why should you care. Amanda Morrall talks to Kirk Hope from the NZ Bankers’ Association
29/06/2012
It may never rival the popularity of the Da Vinci Code, but there is good reason why everyday banking customers will want to read the Code of Banking Practice
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Interest.co.nz
Commerce Commission prosecutes ‘reprehensible’ loan shark who charged interest rates as high as 1,738% to vulnerable consumers
29/06/2012
The New Zealand Bankers’ Association issued a statement applauding Hunt’s prosecution. NZBA chief executive Kirk Hope said at last year’s Financial Summit the banking industry had agreed with regulators and consumer groups that robust enforcement of existing consumer protection law was crucial to cracking down on rogue lenders who prey on vulnerable people.
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