- Banks operate in a “very competitive” environment to attract and retain customers but this is balanced by the need to take compliance obligations seriously. “If they can continue to bank a customer within the bounds of their AML obligations, they will.”
- New Zealand Bankers’ Association chief executive Kirk Hope said racial stereotyping was not in the banks’ or their customers interests especially within such a competitive part of the banking sector.
- As part of Elder Abuse Awareness Week the New Zealand Bankers’ Association is encouraging people to look out for financial elder abuse. “Financial elder abuse is about the illegal or improper use of older people’s money, property and other assets. It’s particularly nasty because it preys on people’s trust, and often exploits family and other... Read more »
- Farmers facing tough times are being encouraged to talk to their bank early and often in an information resource launched today by the New Zealand Bankers’ Association at Fieldays. “We all know that the agri sector is hugely important to our economy. We also understand the volatility and complexity of the sector,” said New Zealand... Read more »
- Bankers Association boss Kirk Hope said removing the kickstart was understandable from a cost perspective, but he called on the Government to commit to beefing up rules around enrolment.
- Budget 2015 continues the government’s responsible economic direction the New Zealand Bankers’ Association said today. “The Budget shows that the New Zealand economy remains on a sound track with a clear path to surplus forecast,” said New Zealand Bankers’ Association chief executive Kirk Hope. “Despite lower than forecast tax revenue, meaning that a surplus will... Read more »
- The New Zealand Bankers’ Association is encouraging people to protect their personal information as Australasian Consumer Fraud Week kicks off today. “Fraudsters are always looking for new ways to scam us and steal our money. Scammers use a range of ways to trick people into handing over personal information, usually by phone or email. Once... Read more »
