- New Zealand’s stable and robust banking system stands strong against the uncertain implications of Brexit, says the New Zealand Bankers’ Association (NZBA). “New Zealand’s banks are strong, well-funded and well regulated, and this stability positions them well in an environment of global uncertainty,” said New Zealand Bankers’ Association chief executive Karen Scott-Howman. “Since the Global... Read more »
- The New Zealand Bankers’ Association (NZBA) supports the Government’s announcement today that it will take a considered approach to implementing recommendations on anti money laundering legislation, which were highlighted in its Inquiry into Foreign Trust Disclosure Rules. “Banks already play their part in complying with domestic and international legislative requirements, and can attest that a... Read more »
- It’s Privacy Week (9-15 May), and the New Zealand Bankers’ Association (NZBA) says that the broader theme “Privacy – in your hands” is a timely reminder that while banks work hard to protect our ban ing information, we all need to take steps to help ensure our personal information is safe and secure. The Privacy... Read more »
- KPMG’s Financial Institutions Performance Survey (for the quarter to December 2015) released today has found that New Zealand’s banks remain resilient and that the local economy continues to be buoyant, despite uncertainty in the global economic environment. The New Zealand Bankers’ Association (NZBA) says that banks continue to manage their businesses well, and that helps... Read more »
- ANZ Bank New Zealand CEO David Hisco has been elected chair of the New Zealand Bankers’ Association (NZBA) for 2016/17. Westpac New Zealand CEO David McLean was also elected deputy chair. Mr Hisco takes over the position from Bank of New Zealand CEO Anthony Healy, who was chair during the 2015/16 financial year. NZBA’s acting... Read more »
- The New Zealand Bankers’ Association (NZBA) says we could all benefit from taking time to think about building our nest egg and saving for our future, and the long Easter weekend is the ideal time to do so. “It’s good to take time to think about your financial future and set personal financial goals. By... Read more »
- The Reserve Bank of New Zealand’s (RBNZ) ‘Summary of the dairy portfolio stress testing exercise’ released today has found that the scenarios tested were manageable for banks, and stated our banking system is robust. It showed that New Zealand’s five largest rural lender banks are well placed to continue supporting farming customers through current challenges,... Read more »
- KPMG’s Financial Institutions Performance Survey for the 2015 financial year has found that New Zealand’s competitive banking sector stands as one of the strongest in the world. “New Zealand’s banks have remained stable and self-sufficient against the stresses of fluctuations in the global environment,” said Antony Buick-Constable, acting chief executive of the New Zealand Bankers’... Read more »
- Published in KPMG’s Financial Institutions Performance Survey 2015, 24 February 2016 In the past year New Zealand’s economy has faced numerous challenges – dairy prices fell, commodity prices decreased, growth in China slowed, and the housing market remained constrained as demand continued to outstrip supply – yet New Zealand’s banking sector remains stable. How have... Read more »
- The New Zealand Bankers’ Association (NZBA) warns against being scammed by online romancers who might be more interested in your bank account than your stellar personality. What starts out as a budding online romance can quickly turn into devastating heartbreak once you’ve handed over your personal information or life savings, only to discover your soul... Read more »
