NZ Herald
Should it take a regulatory change for banks to issue emergency finance?
27/02/2023
The New Zealand Banking Association in October submitted to the Ministry of Business, Innovation and Employment about introducing a permanent exemption to enable banks to provide customers with emergency credit in cases like natural disasters.
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Funding partnership supports financial mentors and their clients
26/02/2023
A report released today shows financial mentors and their clients are benefiting from a partnership between FinCap and the New Zealand Banking Association – Te Rangapū Pēke. The partnership, which is funded by NZBA’s member banks, provides $5 million over five years to fund initiatives that support financial mentoring for people in need. FinCap chief...
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Banks supporting communities hit by Cyclone Gabrielle
23/02/2023
New Zealand’s banks are offering a range of support to customers and communities affected by Cyclone Gabrielle, including making $1.4 billion available in low-cost lending and donating $6.5 million to disaster relief funds. “The impact of the Cyclone Gabrielle is devastating at every level. Banks are part of the communities that have been hit by...
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Stuff
Reserve Bank governor Adrian Orr calls for a more ‘just in case’ approach to resilience
22/02/2023
“ATMs need both power and an internet connection to function, which means a generator alone might not be enough to facilitate access to cash in an event like Cyclone Gabrielle.”
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Banks support CCCFA exemption for flood-affected customers
16/02/2023
The banking industry supports the government’s recently announced affordability assessment exemption for customers affected by the recent damaging weather events. “Banks want to provide as much support as possible to those affected by the recent weather damage in the North Island,” says Roger Beaumont, chief executive of the New Zealand Banking Association – Te Rangapū...
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NBR
Local banks refuse to work with Binance NZ
09/02/2023
“Any decisions about new customers are based on the bank’s own policies and risk appetite, alongside their regulatory and legal obligations.”
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TMM
New commerce minister blames industry for CCCFA
03/02/2023
“The banking industry has engaged with the current CCCFA reforms every step of the way,” chief executive Roger Beaumont said.
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NZBA announces new name
31/01/2023
NZBA today announced it would be called the New Zealand Banking Association – Te Rangapū Pēke. It was previously known as the New Zealand Bankers’ Association. New Zealand Banking Association – Te Rangapū Pēke chief executive Roger Beaumont says: “We’re delighted to announce our new name, and that it includes our name in te reo...
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RNZ
Commerce Commission considering action over high paywave fees
27/01/2023
“Banks also operate in a competitive market and work hard to attract and retain customers,” chief executive Roger Beaumont said. We’d encourage merchants concerned about their fees to talk to their bank.”
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RNZ
Man scammed out of $40,000, banks repeat warnings not to share passwords
16/01/2023
Meanwhile, the Bankers Association had launched a “take a sec to check” campaign, to alert people about how to prevent getting scammed online.
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