Investing time in your financial plan now could pay dividends later – Money Week
05/09/2016
New Zealand Bankers’ Association (NZBA) says investing time to make your financial plan now could pay dividends by giving you choices in the future. As part of Money Week (5-11 September) run by the Commission for Financial Capability, NZBA is encouraging people to take time to think about their financial future, set short and long...
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3 News
Cash use declining but more in circulation
04/09/2016
Cash in circulation rose by 8 percent last year. There’s now $5 billion in circulation despite the fact cash use is declining. New Zealand Bankers’ Association chief executive Kirk Hope joined Paul Henry in studio to explain how and why this is occurring.
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ODT
Dairy farmers happy with banks: survey
03/09/2016
New Zealand Bankers’ Association chief executive Kirk Hope said banks were working closely with dairy farmers to help them manage through tough times.
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Radio NZ
Are banks making it harder for older clients to get home loans?
25/08/2016
The New Zealand Bankers Association says it’s not discrimination – but that banks need to ensure mortgages are sustainable and a recent law change means they need to be even more careful that they are lending responsibly.
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NZBA warns against email whaling scams
23/08/2016
The New Zealand Bankers’ Association (NZBA) warns that anyone can be the target of an email whaling scam. Following a fake email purportedly sent by NZBA’s chief executive to a colleague, it was thanks to training and attention to detail that the scammer was foiled. NZBA’s work includes educating consumers on fraud prevention, and believes...
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Interest.co.nz
Kiwis appear stuck with high credit card interest rates despite Aussie crack-down
20/08/2016
“New Zealand banks operate in a different market and regulatory framework compared to their Australian counterparts. Any changes in New Zealand are more likely to be driven by customer demand.”
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NBR
NZ banking sector earnings show big gain
19/08/2016
“The net interest rate margin remains relatively flat and banks are really generating their profits off a reduction in expenses and also provisioning that is at historically low levels.”
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Stuff.co.nz
Big banks escape penalties for breaching conditions of registration
16/08/2016
“There are a range of mechanisms, both formal and informal, by which they ensure banks are behaving in way they should be.”
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NZBA welcomes FMA’s proposed guide on conduct
28/07/2016
The New Zealand Bankers’ Association (NZBA) today welcomed the Financial Markets Authority’s (FMA) release of ‘A guide to the FMA’s view of conduct’. “Good conduct and trust form a vital part of banks’ relationships with their customers. New Zealand banks work hard to ensure their customers’ interests are considered first when providing financial advice, so...
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NZBA welcomes MBIE’s recommended changes to FAA and FSPA
13/07/2016
The New Zealand Bankers’ Association (NZBA) today welcomed the Ministry of Business, Innovation and Employment’s (MBIE) recommendations to the Minister of Commerce and Consumer Affairs on changes to the Financial Advisers Act 2008 (FAA) and Financial Services Providers Act 2008 (FSPA). “Banks support good quality regulation that improves consumer understanding of financial advice and the...
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