- Hope said there was a risk that in capping the amount of lending done over the 80 per cent threshold it could spark third tier lenders to emerge and lend money on an unsecured basis.
- In response to legal action on bank fees announced today the New Zealand Bankers’ Association said it expected the case to be vigorously defended. “Fees of this nature are usually avoidable. Customers concerned about their fees should talk to their bank to make sure they have the accounts and products that suit their needs,” said... Read more »
- Be on guard against financial crime that targets seniors said the New Zealand Bankers’ Association today as Fraud Awareness Week 2013 was launched. “Banks take all fraud very seriously, and fraudsters who prey on vulnerable people are particularly concerning,” said New Zealand Bankers’ Association chief executive Kirk Hope. “Banks have systems to help detect and... Read more »
- The New Zealand Bankers’ Association today congratulated Diane Maxwell on her appointment as Retirement Commissioner. “We have been working closely with Diane in her interim capacity and are pleased to see her confirmed in the permanent role of Retirement Commissioner,” said New Zealand Bankers’ Association chief executive Kirk Hope. “Diane’s banking and regulatory background will... Read more »
- Kirk Hope was appointed the head of lobby group the Bankers’ Association last year, so you’d expect him to have a better grip on his finances than the average New Zealander.
- “One relevant factor in this discussion is whether it’s justifiable for farms as businesses to be treated differently from other businesses that find themselves in financial difficulty. Any proposal for a special mediation service for farms would need to provide a good rationale for establishing a sector-specific service,” Kirk Hope said.
- New Zealand’s banking sector has spent roughly $90 million getting ready for a new anti-money laundering and terrorism financing law which kicks in at the end of next month.
- The New Zealand Bankers’ Association today welcomed the election of Business NZ chief executive Phil O’Reilly as chair of the OECD’s Business and Industry Advisory Council (BIAC). “It’s great that New Zealand has been recognised in this way, and to see this international group getting the benefit of Phil O’Reilly’s leadership and talent as a... Read more »
- Bankers Association chief executive Kirk Hope said banks could live with a differential for first-home buyers, but any restrictions on bank lending might simply drive home buyers to more risky unregulated lenders.
