New Zealand Bankers' Association

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New Zealand Bankers' Association - Latest News [Page 1]

Lending Rule Tweaks Won’t Help Most Consumers

Thursday, 9 June 2022, 3:06 pm | New Zealand Bankers' Association

Tweaks to new consumer lending rules released today won’t make much difference for most people seeking credit says the New Zealand Bankers’ Association. Changes to the Credit Contracts and Consumer Finance Act introduced last December had an ... More >>

Bank Customers Savvy With Home Loans And Credit Cards

Tuesday, 24 May 2022, 10:33 am | New Zealand Bankers' Association

People generally have a good grasp of their banking products and services according to data insights released by the New Zealand Bankers’ Association today. “We were delighted to see people using home loans and credit cards to help get ahead ... More >>

Banks Support New Housing Remit For RBNZ

Thursday, 25 February 2021, 2:59 pm | New Zealand Bankers' Association

Banks welcome today’s announcement that the Reserve Bank will consider the impact of its monetary and financial policy decisions on the housing market. “Banks support today’s announcement and are keen to be involved in discussions around how to tackle ... More >>

Most Deferred Loans ‘back To Normal’

Monday, 30 November 2020, 11:58 am | New Zealand Bankers' Association

More than two thirds of consumer loans that had principal and interest repayments deferred due to the impact of Covid-19 were now ‘back to normal’ said the New Zealand Bankers’ Association today. At the same time, nearly 40% of consumer loans ... More >>

Regional Banking Hubs To Launch In November

Wednesday, 28 October 2020, 6:03 pm | New Zealand Bankers' Association

A trial of Regional Banking Hubs to test the demand for basic banking services in regional communities will begin in November. The trial, which includes ANZ, ASB, BNZ, Kiwibank, TSB and Westpac, will run in four regional centres: Twizel, Martinborough, ... More >>

Next Steps For Loan Repayment Deferrals

Monday, 17 August 2020, 11:53 pm | New Zealand Bankers' Association

Banks are offering options to customers financially affected by Covid-19. Customers may be eligible for a new loan deferral for up to six months or an extension to their current loan deferral. There are several options available to customers, depending ... More >>

Bank Association Working On Loan Data Correction

Thursday, 30 April 2020, 7:16 am | New Zealand Bankers' Association

The New Zealand Bankers’ Association has discovered and corrected a reporting error in lending data published on its website. The error relates to data classification and resulted in some movement, both up and down, across the data categories. Of particular ... More >>

$6.25 Billion In New Lending Available To Covid-19 Affected Businesses

Wednesday, 1 April 2020, 5:22 pm | New Zealand Bankers' Association

New Zealand’s banks are offering up to a total of $6.25 billion in guaranteed loans to businesses financially impacted by Covid-19. Eligible businesses can apply to their bank for new lending under the scheme from today. “Businesses are at the ... More >>

Coronavirus Affected Customers Urged To Talk To Their Bank

Thursday, 27 February 2020, 4:37 pm | New Zealand Bankers' Association

The New Zealand Bankers’ Association is encouraging businesses and individuals financially affected by coronavirus (Covid-19) to talk to their bank. “We’re aware that some businesses, particularly small to medium sized ones, are being financially ... More >>

New Fund To Get Advice For Struggling Farmers Is Now Open

Tuesday, 25 February 2020, 3:14 pm | New Zealand Bankers' Association

A new initiative funded by banks and the government offering support for farmers struggling with farm debt is now up and running. The government has allocated $200,000 for the Farm Business Advice Support Fund, to be managed by ... More >>

International requirements may freeze your bank account

Tuesday, 5 June 2018, 10:41 am | New Zealand Bankers' Association

New Zealand banks are reminding customers who have been asked about their foreign tax status that they need to respond to their bank as soon as possible. More >>

Bankers’ Association congratulates new Reserve Bank Governor

Monday, 11 December 2017, 8:05 pm | New Zealand Bankers' Association

Bankers’ Association congratulates new Reserve Bank Governor The New Zealand Bankers’ Association today congratulated Adrian Orr on his appointment as the next Governor of the Reserve Bank of New Zealand. “New Zealand is lucky that we have someone ... More >>

Code of Banking Practice Review: call for public submissions

Wednesday, 14 June 2017, 11:28 am | New Zealand Bankers' Association

The New Zealand Bankers’ Association today called for public submissions on its review of the Code of Banking Practice. More >>

Prudent Budget supports growing economy

Thursday, 25 May 2017, 3:04 pm | New Zealand Bankers' Association

The government’s prudent financial management provides a solid grounding for the New Zealand economy, households and businesses, says the New Zealand Bankers’ Association today in response to Budget 2017. “There were no major surprises in today’s Budget. ... More >>

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