Media Releases

Media Releases

Banks top satisfaction surveys

- A recent survey has revealed that most people rate their bank highly, and that the banking sector in New Zealand rates well above other service sectors. “Banks put a huge effort into customer service and it’s great to see this reflected in the survey results,” says New Zealand Bankers’ Association chief executive Kirk Hope. The... Read more »
Media Releases

Get financial advice

- As part of Money Week (2 – 8 September), the New Zealand Bankers’ Association is encouraging people to get financial advice on how best to manage their money. “Getting advice about your finances and how best to meet your needs and aspirations is a good idea for everyone. It’s about making informed decisions to manage... Read more »
Media Releases

Spring clean your personal finances

- Money Week is a great time to spring clean your personal financial arrangements says the New Zealand Bankers’ Association. Money Week brings together a range of financial education activities from 2 to 8 September. “Most people think about their personal finances when faced with big life events such as studying, starting work, buying a house... Read more »
Media Releases

Report finds NZ banks continue to perform well

- The New Zealand Bankers’ Association said today that PwC’s Banking Perspectives analysis of the major banks’ results for the first half of their 2012 financial years showed New Zealand banks were continuing to perform well in the face of ongoing global uncertainty. “Our banking industry is in good shape. It’s well capitalised and regulated. Our... Read more »
Media Releases

Email scam alert

- The New Zealand Bankers’ Association is urging the public to be on guard against an email scam. Scammers are sending emails out which appear to come from a New Zealand Bankers’ Association email address: nzba@nzba.org.nz. The scam emails include a subject line of “We are necessitating a verification process on all account(s)”. Anyone receiving this... Read more »
Media Releases

Bankers’ Association welcomes reduced business costs

- The New Zealand Bankers’ Association welcomes the recent introduction of the Financial Reporting Bill by Commerce Minister Craig Foss. The Bill seeks to remove or reduce unnecessary and excessive reporting requirements. This will significantly cut costs for small and medium-sized companies. It will also further reduce barriers to doing business in New Zealand by better... Read more »
Media Releases

Get new Code of Banking Practice – Bankers’ Association

- The New Zealand Bankers’ Association has encouraged bank customers to have a look at the latest Code of Banking Practice, which comes into force on 1 July. Now in its fifth edition, the Code provides a useful guide for customers and their relationship with their banks. “The Code includes a whole lot of useful information... Read more »
Media Releases

Bankers’ Association applauds loan shark prosecution

- The New Zealand Bankers’ Association today applauded the prosecution of third tier lender Barry Hunt for breaches of the Credit Contracts and Consumer Finance Act. “This is a great result. We congratulate the Commerce Commission on a successful prosecution in this case,” said New Zealand Bankers’ Association chief executive Kirk Hope. “At last year’s Financial... Read more »
Media Releases

Mortgagee sales less than 0.2% of all mortgagesT

- he New Zealand Bankers’ Association revealed today that the number of mortgagee sales was less than 0.2% of the total number of mortgages held by New Zealanders. In 2011 there were 2263 mortgagee sales, compared to over 1.2 million mortgages. “This is a tiny fraction of total mortgage numbers,” said New Zealand Bankers’ Association chief... Read more »