- Is there a need for the Reserve Bank to even have the so-called macro-prudential tools it’s now publicly consulting on? This, says Kirk Hope, CEO of bank lobby group the New Zealand Bankers’ Association, is a good question.
- In response to the report, New Zealand Bankers’ Association chief executive Kirk Hope said that local banks are “among the best funded and regulated in the world, and fiercely competitive. That’s good for New Zealanders and our economy,” said Hope.
- New Zealand banks had another solid and stable year according to according to KPMG’s Financial Institutions Performance Survey for the 2012 financial year. “The survey shows our banks are among the best funded and regulated in the world, and fiercely competitive. That’s good for New Zealanders and our economy,” said New Zealand Bankers’ Association chief... Read more »
- You’d expect the banks to be worried at the prospect of having their business impinged on in such dramatic fashion. But Kirk Hope, chief executive of industry lobby group the New Zealand Bankers Association, is remarkably calm.
- 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 »
