03/03/2020
The New Zealand Bankers’ Association is urging those affected by coronavirus to talk to their banks.
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Media
Here you’ll find our media releases along with our media appearances.
03/03/2020
New Zealand Bankers’ Association chief executive Roger Beaumont says there is a recognition it’s in everyone’s best interest for a farmer to have up-to-date business and financial plans.
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27/02/2020
Bank lobby group the New Zealand Bankers’ Association says businesses and individuals financially affected by coronavirus should talk to their bank.
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27/02/2020
“It’s not a concern about any significant uplift in farmers in distress. No bank wants to see any business fail. To put it into perspective, there are about 52,000 farms and there are fewer than 10 mortgagee sales a year,” Beaumont said.
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26/02/2020
The New Zealand Bankers’ Association is encouraging businesses and individuals financially affected by coronavirus (Covid-19) to talk to their bank. “We’re aware that some businesses, particularly small to medium sized ones, are being financially impacted by this unfolding global issue. The same may apply to individual customers working in sectors directly affected. Banks can offer...
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26/02/2020
Beaumont said the independent advice would help inform conversations between the farmer and their bank.
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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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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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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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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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