David Boyle (Group Manager, Investor Education Commission for Financial Capability) joins Karen Scott-Howman (Chief Executive, New Zealand Bankers' Association) to discuss why having a financial plan is important and some tips on how to get started on your own financial plan.
The Code of Banking Practice sets out good banking practices. Members of the New Zealand Bankers' Association agree to observe these practices as a minimum standard to maintain good relationships and communications with their customers.
Financial literacy is the cornerstone of a healthy and vibrant economy and is strongly supported by the New Zealand banking sector. It helps people make informed choices to improve their financial well-being.
Member banks of the Association have agreed a number of standard form Deeds and Letters of Priority that can be used where two or three lenders have competing interests in a debtor's land or personal property.
Published in KPMG’s Financial Institutions Performance Survey 2015
In the past year New Zealand’s economy has faced numerous challenges – dairy prices fell, commodity prices decreased, growth in China slowed, and the housing market remained constrained as demand continued to outstrip supply – yet New Zealand’s banking sector remains stable. How have our banks remained resilient while facing risk in global and local environments?