NZ Bankers' Association - Latest News [Page 1]

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 >>

Banking industry welcomes conclusion to RBNZ capital review

Thursday, 5 December 2019, 1:47 pm | NZ Bankers' Association

The New Zealand Bankers’ Association today welcomed the conclusion of the Reserve Bank’s review of how much capital New Zealand’s banks should hold. More >>

Banking Hub trial a new approach to regional banking

Monday, 30 September 2019, 3:40 pm | NZ Bankers' Association

A unique partnership of six New Zealand banks will trial a new approach to providing banking services in small regional communities. Banking Hubs will be trialled in four small towns for 12 months, with the first starting by early 2020. The hubs will ... More >>

Bank staff to help teach School Leavers’ Toolkit

Wednesday, 25 September 2019, 2:41 pm | NZ Bankers' Association

The banking industry will provide hands-on skills to support the School Leavers’ Toolkit by making staff available to teach the financial literacy component, as required. More >>

Banks welcome new financial conduct regime

Wednesday, 25 September 2019, 1:07 pm | NZ Bankers' Association

The New Zealand Bankers’ Association today welcomed the government’s announcement to introduce a new regime for financial service providers to ensure fairer treatment for customers. More >>

NZBA welcomes farm debt mediation announcement

Monday, 17 June 2019, 4:27 pm | NZ Bankers' Association

The New Zealand Bankers’ Association today welcomed the government’s announcement that it will introduce a bill to set up a farm debt mediation scheme. More >>

Reserve Bank should rethink capital proposals

Monday, 20 May 2019, 9:18 am | NZ Bankers' Association

The New Zealand Bankers’ Association has called on the Reserve Bank to reconsider its proposals to almost double capital requirements for New Zealand’s banks, and take into account an independent review by former Treasury Secretary Dr Graham Scott. More >>

Bank guidelines for older and disabled customers launched

Thursday, 4 April 2019, 12:21 pm | NZ Bankers' Association

Minister for Disability Issues Hon Carmel Sepuloni today launched the New Zealand Bankers’ Association’s revised guidelines to help banks meet the needs of older and disabled customers. More >>

 

 
 
 
 
 

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