- Hope said that it was wrong to assume all high LVR borrowers were on comparatively low incomes; it might reflect a relatively high income and capacity to service the loan.
- Heartland Bank today joined the New Zealand Bankers’ Association, bringing the total number of the association’s member banks to 14. New Zealand Bankers’ Association chief executive Kirk Hope welcomed Heartland Bank. “We are pleased to have New Zealand’s newest bank join us. Having Heartland on board further demonstrates the diversity of our banking sector,” said... Read more »
- Bankers Association chief executive Kirk Hope said the latest International Monetary Fund report on New Zealand pointed out the strength and stability of our banking system, and it was not helpful to compare it with Cyprus.
- Kirk Hope, chief executive of the New Zealand Bankers’ Association, says the Fair Play on Fees campaign is misleading people and questions their figures.
- NZ Bankers Association chief executive Kirk Hope talks to Mike Hosking about the news NZ’s biggest banks are being sued using class action for a collective $1 billion.
- The New Zealand Bankers’ Association has today welcomed the appointment of interim Retirement Commissioner Diane Maxwell. “Diane brings a wealth of experience to the role from both the banking and regulatory sides of the financial sector,” said New Zealand Bankers’ Association chief executive Kirk Hope. “Diane has great skills in strategic development and delivering financial... Read more »
- “Our banks communicate very clearly on fees, which is a reflection of our very competitive banking sector. The fees being singled out are avoidable, and our industry has also made it easy for customers to switch banks if they feel the fees they’re paying are too high,” New Zealand Bankers’ Association chief executive Kirk Hope... Read more »
- Responding to news of the launch of the “Fair Play on Fees” action, bank lobby group the New Zealand Bankers’ Association said talk of legal action failed to take into account differences between the New Zealand and Australian banking sectors.
- Talk of legal action today relating to bank fees fails to take into account differences between the New Zealand and Australian banking sectors. “Australian legislation around civil suits is very different from what we have in New Zealand. We are surprised the lawyers running this don’t appear to know about these differences. We also note... Read more »
- Reading between the lines of what the Reserve Bank has said about the macroprudential tools it is working on, regulating loan-to-value ratios would not be its favoured option, believes the Bankers’ Association.
