- In response to the LVR changes announced today by the Reserve Bank, the New Zealand Bankers’ Association said that banks will work to meet the new obligations but warns that demand side initiatives are only one part of the solution. “We look forward to seeing more detail on the proposal and working with the Reserve... Read more »
- The New Zealand Bankers’ Association today welcomed Russell McVeagh as its latest affiliate member. “We are very pleased to have Russell McVeagh, one of New Zealand’s leading commercial firms, join us as an affiliate member,” said New Zealand Bankers’ Association Chief Executive Kirk Hope. “This move demonstrates Russell McVeagh’s commitment to the banking industry in... Read more »
- Bank of New Zealand chief executive Anthony Healy has been elected chair of the New Zealand Bankers’ Association for 2015/16 and takes on the role today. ANZ chief executive David Hisco was elected deputy chair. “I am delighted to take the role of Chair on behalf of BNZ. The Association is integral to maintaining the... Read more »
- The New Zealand Bankers’ Association announced today that Buddle Findlay has joined the Association as an affiliate member. “We are delighted to welcome on board leading law firm Buddle Findlay,” said New Zealand Bankers’ Association Chief Executive Kirk Hope. “Joining NZBA as an affiliate member signals Buddle Findlay’s commitment to the New Zealand banking industry.... Read more »
- MasterCard New Zealand today became the New Zealand Bankers’ Association’s first affiliate member. “We are delighted to welcome MasterCard as our first affiliate member,” said New Zealand Bankers’ Association Chief Executive Kirk Hope. “Until recently our membership was limited to banks registered under the Reserve Bank of New Zealand Act 1989. The new affiliate membership... Read more »
- The New Zealand Bankers’ Association today welcomed the government’s release of the Responsible Lending Code. The Code provides guidance on how responsible lenders should behave and supports consumer credit law reforms last year that aimed to crack down on loan sharks. “We support the Code because it will help target unscrupulous lenders and provide greater... Read more »
- Bank of China (New Zealand) today joined the New Zealand Bankers’ Association, bringing the total number of the association’s member banks to 15. “We are pleased to welcome our first Chinese member bank. The arrival of Bank of China further enhances competition and diversity in our banking sector,” said New Zealand Bankers’ Association Chief Executive... Read more »
- KPMG’s Financial Institutions Performance Survey for the 2014 financial year has found that New Zealand’s strong banking sector is fueling the country’s economic growth. “The strength of our banks supports the New Zealand economy by funding the needs of households and businesses. This is particularly important in the current context of economic uncertainty in other... Read more »
- The New Zealand Bankers’ Association is urging people to beware of card fraud over the holidays. “It’s that time of the year when people are getting into the festive spirit, doing their Christmas shopping and anticipating the New Year sales. At this busy time it pays to keep your guard up when using your bank... Read more »
- As part of International Fraud Awareness Week the New Zealand Bankers’ Association is urging consumers to stay safe online as we head into the festive season. “Now’s the time that people will be shopping for Christmas. If you’re shopping online there are some simple ways you can protect yourself from financial crime,” said New Zealand... Read more »