- The New Zealand Bankers’ Association is urging the public to be on guard against a telephone scam. Scammers purporting to be from the New Zealand Bankers’ Association are phoning members of the public and saying they are investigating banks charging excessive fees and offering compensation to affected customers. They then ask people to provide their... Read more »
- Analysis released today shows New Zealand’s major banks continue to perform well in the face of increased operating costs and greater regulatory pressures. The findings were contained in PwC’s Banking Perspectives report of the five major banks’ banks’ results for the second half of their 2012 financial years. “The report shows our banks are among... Read more »
- New Zealand’s long awaited anti-money laundering laws are now in place, almost four years after Parliament passed the Anti-Money Laundering and Countering Financing of Terrorism Act.
- Kirk Hope says there are a range of questions that need to be addressed in considering tools that restrict amounts that can be borrowed to buy houses.
- Mortgagee sales continue to decline according to Terralink data for the September quarter released today. There were 516 mortgagee sales in the three months from July to September this year, down 15 per cent from the June quarter. Of the 1.4 million residential mortgages in New Zealand, there were 2265 mortgagee sales in 2011. Mortgagee... Read more »
- In the lead-up to Christmas the New Zealand Bankers’ Association has reminded people how to avoid fraud and scams over the holiday season. “This is a special time of the year to share with family and friends. Whether we’re shopping or away on holiday, it pays to take care. We all have an important role... Read more »
- Never give anyone your PIN or internet banking username or password said the New Zealand Bankers’ Association as we head into the summer holidays “Your bank will never ask you for this confidential information,” said New Zealand Bankers’ Association chief executive Kirk Hope. “You should never disclose passwords and other security information to anyone. If... Read more »
- “The Christmas period’s a special period for families, so the banking industry wanted to help people who hadn’t been paid and take out some of the stress from this period for them,” said Kirk Hope of the New Zealand Bankers’ Association.
