NZ Herald
Mortgagee sales tumble as New Zealand’s economy grows
06/03/2015
The fall in foreclosures reflected generally positive trends for Kiwi consumers and prospective homeowners, said Kirk Hope, New Zealand Bankers’ Association chief executive.
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Stuff.co.nz
Bank of China first Chinese bank to join NZ bankers’ group
02/03/2015
Bank of China today became the first Chinese bank to join the New Zealand Bankers’ Association. “The arrival of Bank of China further enhances competition and diversity in our banking sector,” association chief executive Kirk Hope said.
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New Zealand Bankers’ Association welcomes Bank of China
01/03/2015
Bank of China (New Zealand) today joined the New Zealand Bankers’ Association, bringing the total number of the association’s member banks to 15. “We are pleased to welcome our first Chinese member bank. The arrival of Bank of China further enhances competition and diversity in our banking sector,” said New Zealand Bankers’ Association Chief Executive...
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Strong banks fuel economic growth – FIPS
24/02/2015
KPMG’s Financial Institutions Performance Survey for the 2014 financial year has found that New Zealand’s strong banking sector is fueling the country’s economic growth. “The strength of our banks supports the New Zealand economy by funding the needs of households and businesses. This is particularly important in the current context of economic uncertainty in other...
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NZ Herald
Saver tactics worry watchdog
22/02/2015
“Many of us do enjoy being able to see all our accounts online at a glance, including our growing KiwiSaver balance. The performance of the banks’ funds is also a factor worth taking into account.”
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Stuff.co.nz
Banks crack down on money transfer services
28/01/2015
New Zealand Bankers’ Association chief executive Kirk Hope said: “Banks take their obligations under the act very seriously. “We’re aware that one of the consequences of banks implementing the law is that some customers providing money remittance services have had their accounts closed.”
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Interest.co.nz
ANZ, NZBA take MBIE to task over the lack of plain language in the Responsible Lending Code
20/01/2015
“As we have raised previously in discussions with you, the Code is not drafted in plain language despite the fact that the Code itself requires lenders to provide documentation drafted in plain language to assist customers,” NZBA says in its submission.
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NZBA
Banks review their contracts
14/12/2014
Contracts should be viewed in the context of the consumer credit law within which they operate, rather than in isolation, the New Zealand Bankers’ Association said.
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Guard your card and PIN over the holidays
04/12/2014
The New Zealand Bankers’ Association is urging people to beware of card fraud over the holidays. “It’s that time of the year when people are getting into the festive spirit, doing their Christmas shopping and anticipating the New Year sales. At this busy time it pays to keep your guard up when using your bank...
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Stuff.co.nz
Warnings to beware the credit card trap
30/11/2014
“Only 3 per cent of New Zealand credit card holders pay the minimum each month,” he said. “That’s compared to 13 to 14 per cent in the US and UK. More than half of New Zealanders who have credit cards pay off their balance in full each month, while only a third in the US...
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