RNZ
Banks urge Reserve Bank to reduce capital proposal
20/05/2019
The Bankers’ Association is asking the Reserve Bank to soften its plan to make banks hold significantly more capital in reserve.
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Reserve Bank should rethink capital proposals
19/05/2019
The New Zealand Bankers’ Association has called on the Reserve Bank to reconsider its proposals to almost double capital requirements for New Zealand’s banks, and take into account an independent review by former Treasury Secretary Dr Graham Scott. “Independent analysis by former Treasury Secretary Dr Graham Scott shows the Reserve Bank should rethink its proposals to avoid putting a handbrake on our economy,” says New Zealand Bankers’ Association...
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ShareChat
RBNZ’S poor policy process puts its credibility at risk: former official
15/05/2019
That analysis showed the New Zealand banks were carrying six percentage points higher capital at 16.3 percent that the stated average 10.3 percent level then.
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NZ Herald
Auckland woman has bank card cloned, $800 swiped
25/04/2019
Cover up when entering your PIN so you don’t reveal it to ‘shoulder surfers’ or hidden cameras. That’s how fraudsters who have your card details can access your bank accounts.
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Newstalk ZB
Fewer than half of Kiwi customers say banks can be trusted
24/04/2019
A Government review of the industry last year found no widespread issues. “On top of that, bankers have also removed or in the process of removing all sales incentives for their staff, and that will be in place later this year for all the major banks that took part in that review.”
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Stuff
Banks pressure people into products they don’t want: Consumer NZ
24/04/2019
Chief executive Roger Beaumont said banks would often suggest different products to customers to meet changing needs.
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Stuff
New Zealand banks make more money than global peers
18/04/2019
NZBA chief executive Roger Beaumont said there was a competitive environment in New Zealand. “We have a choice of 14 retail brands to bank with.”
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Newsroom
RBNZ shouldn’t protect consumers, former governors say
16/04/2019
Giving the RBNZ additional policy objectives which are similar to those of other agencies may complicate the regulatory landscape and result in overlap with the objectives of other regulators.
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Stuff
Help, how can I tell if I’m being ripped off?
05/04/2019
If you suspect an invoice scam you should phone or visit the merchant or service provider to confirm the payment details are right and that you are paying the person you think they are.
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Guidelines to help banks meet the needs of older and disabled customers launched
03/04/2019
Minister for Disability Issues Hon Carmel Sepuloni today launched the New Zealand Bankers’ Association’s revised guidelines to help banks meet the needs of older and disabled customers. “We’ve come a long way since these guidelines were first launched back in 2009. Back then they were voluntary for our banks. All of our retail members have...
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