Look out for financial elder abuse
14/06/2017
The New Zealand Bankers’ Association is encouraging people to look for the signs of financial elder abuse as part of Elder Abuse Awareness Week. “Financial elder abuse is the illegal or improper use of older people’s money, property and other assets. This kind of abuse is a very real risk for older New Zealanders. It’s...
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Code of Banking Practice Review: call for public submissions
13/06/2017
The New Zealand Bankers’ Association today called for public submissions on its review of the Code of Banking Practice. “We’re proposing a new-look, principles-based Code,” says New Zealand Bankers’ Association chief executive Karen Scott-Howman. “The current Code is quite prescriptive, and has largely come to duplicate bank terms and conditions. A principles-based approach is meant...
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Stuff.co.nz
Banks charge New Zealand customers more for home loans
09/06/2017
Given the number of factors involved, it’s not surprising there would be difference in retail interest rates in different countries.
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Stuff.co.nz
Banks get ready for a future without cash
06/06/2017
New Zealand Bankers’ Association chief executive Karen Scott-Howman said a recent report found New Zealand led the world in digital banking uptake. More than 80 per cent of New Zealanders now prefer to manage their money online.
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Stuff.co.nz
New Zealanders reluctant to change to a new bank
27/05/2017
Switching may be relatively low because New Zealanders rate their banks highly. This was reflected in Consumer NZ’s banking satisfaction survey last year, which found that 86 per cent of customers were satisfied with their bank.
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NBR
The Budget reaction: commentators have their say
26/05/2017
The government’s prudent financial management provides a solid grounding for the New Zealand economy, households and businesses, says the New Zealand Bankers’ Association today in response to Budget 2017.
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Prudent Budget supports growing economy
25/05/2017
The government’s prudent financial management provides a solid grounding for the New Zealand economy, households and businesses, says the New Zealand Bankers’ Association today in response to Budget 2017. “There were no major surprises in today’s Budget. It builds on the government’s prudent approach to managing its finances and meeting our needs in a growing...
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Stuff.co.nz
Wellington retail group asks banks to help solve ATM begging problem
23/05/2017
New Zealand Bankers’ Association chief executive Karen Scott-Howman confirmed banks had been approached by the Wellington group, and said: “We’re happy to discuss this, and will put them in touch with our member banks.”
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Fraud Week: Take care online
16/05/2017
The recent global randsomware attack provides a grim reminder to protect yourself online, says the New Zealand Bankers’ Association in Fraud Week 2017. “The convenience of banking and shopping online means we sometimes forget that fraudsters are always looking for new ways to steal our money. The recent ransomware attacks around the world reminds us...
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Interest.co.nz
World’s second largest digital currency urges regulators to get banks to stop blanket de-risking
12/05/2017
The New Zealand Bankers’ Association chief executive Karen Scott-Howman says: “Under the law banks do not de-risk whole classes of customers. Instead, they apply their obligations under the AML/CFT regime on a case by case basis.
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