Regularly check your accounts says Bankers’ Association
10/04/2012
With heightened awareness around recent card fraud, the New Zealand Bankers’ Association has issued a reminder to check bank statements regularly. “We can all help in the fight against fraud by keeping an eye on our bank accounts. If you identify an unauthorised transaction, contact your bank immediately,” said New Zealand Bankers’ Association chief executive...
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Banks critical to NZ’s economic recovery, says new Bankers’ Association Chair
04/04/2012
A strong and resilient banking sector will play a critical role in New Zealand’s ongoing economic recovery, said the new chairman of the New Zealand Bankers’ Association (NZBA), David Hisco. Mr Hisco, CEO of ANZ National, has been elected chair of the NZBA for 2012/13. Westpac New Zealand chief executive Peter Clare is the deputy...
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Draft loan shark law welcomed
02/04/2012
The New Zealand Bankers’ Association has welcomed the government’s release today of a draft bill targeted at loan sharks and fringe lenders. The draft bill, which will amend the Credit Contracts and Consumer Finance Act 2003, proposes introducing a duty for all lenders to practice responsible lending. The Ministry of Consumer Affairs has acknowledged banks...
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More accurate credit picture welcomed
30/03/2012
The New Zealand Bankers’ Association has welcomed changes to credit reporting in New Zealand that take effect from 1 April 2012. The most fundamental change is that information held by credit reporting agencies will include up to 24 months of an individual’s repayment history. This includes both payments and defaults. Until now only defaults, or...
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Foiling card fraud
29/03/2012
There are some simple things we can all do to fight bank card fraud says the New Zealand Bankers’ Association. “Most of us use cards on a daily basis because they provide a convenient and safe way to pay others and perform a range of electronic banking transactions,” said New Zealand Bankers’ Association chief executive...
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Get scam wise – New Zealand Bankers’ Association
19/03/2012
The New Zealand Bankers’ Association has issued a seven point list to combat online banking fraud as Fraud Awareness Week 2012 kicks off. “Public vigilance is crucial in the fight against financial cyber crime. Customers have an important role to play to protect themselves and their money,” said New Zealand Bankers’ Association acting chief executive...
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New Zealand Bankers’ Association appoints new CE
24/02/2012
New Zealand Bankers’ Association (NZBA) is pleased to announce that Kirk Hope will step into the role of chief executive of the NZBA at the end of March, taking over from acting chief executive Martin Philipsen. A Wellington-based banking professional with over a decade of experience in the New Zealand financial services sector, Kirk Hope...
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New Zealand Bankers’ Association welcomes Co-operative Bank
01/02/2012
The Co-operative Bank has joined the New Zealand Bankers’ Association bringing the total number of member banks to 13. New Zealand Bankers’ Association acting chief executive Martin Philipsen welcomed the new member bank. “We are pleased to have New Zealand’s newest registered bank join us. Having The Co-operative Bank on board strengthens our role as...
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New Zealand banks stack up well
20/09/2011
New Zealand banks are well positioned in the face of current international financial tensions. “Our banks’ strength lies in the fact that they are well capitalised and regulated,” said New Zealand Bankers’ Association chief executive Sarah Mehrtens. New Zealand banks all meet the international standards, and the Reserve Bank of New Zealand requirements which are...
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Banks support move to help leaky home owners
28/07/2011
The New Zealand Bankers’ Association today welcomed the government’s financial assistance for leaky homes which will provide a further option for affected home owners. The package will offer a government contribution of 25% of the cost of approved repairs to eligible home owners to repair their homes, and home owners may be eligible for a...
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