RNZ
New fund for farmers struggling financially now running
26/02/2020
Beaumont said the independent advice would help inform conversations between the farmer and their bank.
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Newshub
Initiative for struggling farmers launches
25/02/2020
“There’s a recognition it’s in everyone’s best interest for a farmer to have up-to-date business and financial plans,” said New Zealand Bankers’ Association chief executive Roger Beaumont.
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New fund to get advice for struggling farmers is now open
25/02/2020
A new initiative funded by banks and the government offering support for farmers struggling with farm debt is now up and running. The government has allocated $200,000 for the Farm Business Advice Support Fund, to be managed by Rural Support Trusts. For a qualifying farmer the fund will provide up to $6,000 to pay for...
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Stuff
Banks coming down hard on farmers to ‘flick’ Government over Reserve Bank capital holding rules, minister says
23/02/2020
New Zealand Bankers’ Association chief executive Roger Beaumont said banks worked closely with farming customers and that was reflected in the low number of mortgagee sales in the sector. There were about 52,000 farms in New Zealand and fewer than 10 farm mortgagee sales a year, he said.
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NZ Herald
Muslims have to compromise parts of their religion for home loan
21/02/2020
A New Zealand Bankers’ Association spokesperson said banks were constantly responding to customer preferences but they weren’t seeing “that kind of demand” for sharia-compliant loans.
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Stuff
Ombudsman lays out five things that NZ banks are doing wrong
19/02/2020
New Zealand Bankers’ Association chief executive Roger Beaumont said banks were already working hard to implement the recommendations of the Reserve Bank and Financial Markets Authority’s review of bank conduct and culture.
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KPMG
Conduct, culture and capital
19/02/2020
The New Zealand banking industry is living in interesting times. In 2019 the three C’s – conduct, culture and capital – dominated our landscape. Where have we got to and what’s coming up?
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NZ Herald
RBNZ launches direct phone line and email for whistleblowers in banking
11/02/2020
The move surprised the NZ Bankers’ Association, which has been working on its own industry-wide scheme to provide an independent alternative to the banks’ current whistleblowing services.
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TVNZ
Rotorua woman one of thousands of Kiwis left struggling after having bank account closed
04/02/2020
The Bankers Association says with 14 retail banks, people should shop around. It also says banks work with people with poor credit history to try and improve it, but accounts are never closed without good reason.
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NZ Herald
Leading questions: Roger Beaumont on the tough year for bankers
25/12/2019
Roger Beaumont, chief executive of the New Zealand Bankers Association, talks about the year past and what he hopes 2020 will have in store.
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