Good management keeps banks strong
24/09/2014
Banks are managing their businesses well and that helps support New Zealand’s economic growth said the New Zealand Bankers’ Association in response to KPMG’s Financial Institutions Performance Survey for the quarter to June 2014. The report showed a normalised increase in bank profits of 6.2 per cent for the quarter. “Profitability is an important part...
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Interest.co.nz
NZ banks baulking at global FATCA style initiative to combat tax evasion; Lobby group says the later we adopt it the better
23/09/2014
“We think the later the date the better. This will give the banking industry more time to adapt and draw on experience gained through FATCA,” says Hope.
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NZ Herald
NZ best for setting up firms
15/09/2014
New Zealand banks rated second most sound in the world, two years running.
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NZ Herald
House hunters risk financial ruin
15/09/2014
New Zealand Bankers Association chief executive Kirk Hope said banks would consider a borrower’s servicing ability before agreeing to lend on a second home or offering bridging finance.
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NZ Herald
‘Concerning’ KiwiSaver bank tactics questioned
15/09/2014
“Banks are all about continuous improvement and that’s one of the reasons why New Zealanders rate their own banks highly.”
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Radio NZ
Mortgage war sparks housing demand
26/08/2014
Bankers Association chief executive Kirk Hope said cheap foreign funds and intense competition are behind the mortgage war. Listen to full interview
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Interest.co.nz
NZBA says principles based Responsible Lending Code would facilitate innovation
25/08/2014
The New Zealand Bankers’ Association (NZBA) says the Government’s Responsible Lending Code should not require lenders to make oral disclosures to their borrowing customers, nor “dictate” how they communicate with borrowers.
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Stuff.co.nz
Young men in the red – Trust
15/08/2014
New Zealand Bankers’ Association chief executive Kirk Hope said the allegations were “surprising”. “The customer’s ability to service the loan is a key factor in any lending decision. It’s important that people are up front to the bank about their circumstances and their ability to repay the loan.” He said defaults on bank loans were “low”...
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NZ Herald
Bitcoin problems news to bankers
30/07/2014
Bankers’ Association chief executive Kirk Hope said he was not aware of the issue or of any difficulties Bitcoin start-ups had with banks.
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Radio NZ
Banks woo first-home buyers
30/07/2014
First-home buyers are finding it easier to get a home loan as a slowing housing market prompts retail banks to drum up new business. The Bankers’ Association said that was due in part to banks having better control over their loan books.
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