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NZ Bankers' Association - Latest News [Page 1]

‘Take A Sec To Check’ Say Banks In Scam Awareness Campaign

Monday, 9 January 2023, 11:31 am | NZ Bankers' Association

Banks are asking people to ‘take a sec to check’ before they part with their money or personal information, in a campaign aimed at raising scam awareness over summer. “We’re encouraging everyone to take a moment before making a payment ... More >>

Banks Supporting Customers Against Economic Abuse

Thursday, 24 November 2022, 9:34 am | NZ Bankers' Association

Banks are working to help customers experiencing economic abuse, says the New Zealand Bankers’ Association today ahead of International Economic Harm Awareness Day on November 26th. Economic abuse is a form of family violence that can affect anyone, ... More >>

Need To Get Open Banking Right To Deliver To Customers

Thursday, 10 November 2022, 8:51 am | NZ Bankers' Association

It’s important to get it right for customers, says the New Zealand Bankers’ Association in response to the government’s announcement today about open data for banking. New Zealand Bankers’ Association chief executive Roger Beaumont says: ... More >>

Bank Customers Continue To Manage Home Loans And Credit Cards Well In Challenging Times

Thursday, 13 October 2022, 8:52 am | NZ Bankers' Association

At a time of rising costs, consumers are continuing to manage their credit cards and home loans well according to data insights released by the New Zealand Bankers’ Association today. “In these challenging times it’s great to see people using ... More >>

Banks Expand Regional Banking Hubs Trial

Friday, 5 August 2022, 11:17 am | NZ Bankers' Association

The New Zealand Bankers’ Association and the six participating banks have decided to expand the regional banking hubs trial until the end of 2023, opening four new model hubs and adapting the existing four. The Finance Minister launched NZBA’s ... More >>

Minister Takes Wrong Option In CCCFA Changes

Tuesday, 2 August 2022, 3:11 pm | NZ Bankers' Association

Commerce and Consumer Affairs Minister David Clark took the wrong option presented to him in the review into the Credit Contracts and Consumer Finance Act released today. “The Council of Financial Regulators report released today presented a range ... More >>

We All Have A Role To Play In Calling Out Economic Harm

Tuesday, 23 November 2021, 8:46 am | NZ Bankers' Association

If you see signs of economic harm among family and friends, it’s important to call it out. That’s a key message from the New Zealand Bankers’ Association, which is supporting the first Economic Harm Awareness Day in Aotearoa New Zealand ... More >>

Deposit Guarantee Scheme Provides Extra Security For Depositors

Thursday, 22 April 2021, 11:01 am | NZ Bankers' Association

The deposit guarantee scheme announced today by the government will provide even more security for people who have bank deposits. “Our banks are among the best capitalised and regulated in the world. We saw their strength and resilience through ... More >>

Hub Banks Will Not Close Regional Branches For Rest Of 2021

Tuesday, 13 April 2021, 12:13 pm | NZ Bankers' Association

The six banks participating in the Regional Banking Hubs trial are renewing their commitment to not close regional branches until the end of the year, when the trial concludes. The September 2019 announcement of the hubs pilot included a voluntary ... More >>

Loan Repayment Deferral Scheme Ends Today

Wednesday, 31 March 2021, 10:36 am | NZ Bankers' Association

The loan repayment deferral scheme introduced a year ago to help borrowers financially affected by the Covid-19 pandemic ends today. The scheme allowed home and business loan repayments to be fully deferred temporarily. Deferrals were made possible by ... More >>

NZBA And FinCap Ink $5 Million New Partnership

Wednesday, 10 March 2021, 10:15 am | NZ Bankers' Association

The New Zealand Bankers’ Association and FinCap have today announced a new partnership, with the banking industry contributing $5 million over five years to support the financial wellbeing of all New Zealanders. The collaboration agreement will provide ... More >>

Guidelines To Help Banks Serve Customer Needs Launched

Thursday, 1 October 2020, 10:49 am | NZ Bankers' Association

The New Zealand Bankers’ Association today launched guidelines to help banks serve customer needs. “The guidelines are designed to help bank staff deliver good customer outcomes. They build on the banking industry’s work following the Bank Conduct ... More >>

Code Of Banking Practice Translations Now Available

Tuesday, 8 September 2020, 1:40 pm | NZ Bankers' Association

The Code of Banking Practice is now available in six other commonly used languages the New Zealand Bankers’ Association announced today. “We wanted to make the Code more widely available, and that includes to people who don’t speak English ... More >>

Banks Welcome Changes To Business Lending Scheme

Thursday, 20 August 2020, 10:43 pm | NZ Bankers' Association

The New Zealand Bankers’ Association today welcomed further changes to the government’s Business Finance Guarantee Scheme. “We think expanding the criteria should make it more relevant for businesses in need at this time,” says New Zealand Bankers’ ... More >>

Banking Becomes First Living Wage Accredited Industry

Monday, 27 July 2020, 5:08 pm | NZ Bankers' Association

Banking has become New Zealand’s first fully living wage accredited industry, leading to nearly 1800 employees and contractors moving onto the living wage and gaining greater economic independence for them and their families. As of today, all ... More >>

Banks Commit To Pay Suppliers Faster

Tuesday, 19 May 2020, 10:21 am | NZ Bankers' Association

New Zealand’s banks are committing to paying suppliers of goods and services within two weeks. This initiative matches the government’s target for public sector agencies to pay 95% of invoices from New Zealand-based businesses within 10 working days. ... More >>

Loan Relief Offered For Small Businesses

Thursday, 23 April 2020, 10:25 am | NZ Bankers' Association

New Zealand’s retail banks are offering a range of relief options to small business customers financially affected by the Covid-19 pandemic, including interest-only loan repayments or temporarily deferring all loan repayments in some cases. “There ... More >>

Mortgage deferrals will not affect customer credit ratings

Thursday, 9 April 2020, 3:24 pm | NZ Bankers' Association

Anyone who has deferred their mortgage repayments for up to six months because they are financially impacted by Covid-19 will not have their credit rating affected as a result of the deferral, provided they were not in arrears before the pandemic. ... More >>

Banks Offer Six Month Mortgage Repayment Deferrals

Friday, 27 March 2020, 1:08 pm | NZ Bankers' Association

New Zealand’s retail banks are offering to defer repayments for all residential mortgages for up to six months for customers financially affected by Covid-19. “We know that some customers are already being financially impacted by Covid-19 and have ... More >>

Banking Services Open During Level 4 Lockdown

Tuesday, 24 March 2020, 2:41 pm | NZ Bankers' Association

All key banking services will remain available to customers during the alert level 4 lockdown the New Zealand Bankers’ Association confirmed today. “During the lockdown banks will balance managing public health requirements with the need to ... More >>





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