- The new Chair of the New Zealand Bankers’ Association (NZBA) for 2011/12 is Bank of New Zealand Managing Director and Chief Executive Andrew Thorburn. David Hisco, Chief Executive Officer of ANZ New Zealand, is the Deputy Chair. Thorburn, who takes on this role in NZBA’s 120th anniversary year said, “BNZ is pleased to be taking... Read more »
- SBS Bank (Southland Building Society) and JPMorgan Chase Bank N.A. have joined the New Zealand Bankers’ Association bringing the total number of member banks to 12. New Zealand Bankers’ Association chief executive Sarah Mehrtens welcomed the two new member banks. “I am delighted by the decision of both SBS Bank and JPMorgan Chase to join... Read more »
- The New Zealand Bankers’ Association has appointed Stephen Franks as independent reviewer of the New Zealand Code of Banking Practice. Franks is a leading lawyer who specialises in company and securities law. “We are delighted that Stephen Franks has agreed to review the Code,” said New Zealand Bankers’ Association acting chief executive Karen Scott-Howman. The... Read more »
- The Bank of Tokyo-Mitsubishi UFJ Limited has joined the New Zealand Bankers’ Association. New Zealand Bankers’ Association chief executive Sarah Mehrtens welcomed its new member bank. ‘I am delighted by the Bank of Tokyo-Mitsubishi’s decision to join. The New Zealand Bankers’ Association represents the common interests of the major players in the sector’ said Mehrtens.... Read more »
- The New Zealand Bankers Association is urging New Zealanders to be on guard against a telephone bank satisfaction survey scam. Scammers appear to be phoning people saying they are from the New Zealand Banking Association and they are undertaking a survey on bank satisfaction. The New Zealand Bankers Association is not undertaking a bank satisfaction... Read more »
- Banks are making moves to update their systems and procedures so switching from one bank to another will be much easier for customers. When customers want to shift their accounts from one bank to another the most time consuming task has always been the process of transferring over their payment authorities. Moving payment authorities like... Read more »