As part of Privacy Week the New Zealand Bankers’ Association is reminding people how to keep their banking safe from financial crime. “Banks take their customers’ privacy and confidentiality very seriously by protecting their systems and customer information. We all have a role to play in keeping our money safe from fraudsters,” says New Zealand… Read more »
Month: May 2017
Reserve bank warns of potentially stressful impact of potential interest rate spikes
Banks are responsible lenders and take into account a number of factors when making lending decisions. That includes testing affordability at higher interest rates and factoring in realistic essential expenditure.
Consultation Paper – Short duration derivatives
Financial Markets Authority.
Heads in the sand, houses in the water
Lending decisions on any property are made on a case by case basis. It’s quite possible that in time banks would require more equity or shorter term mortgages when considering lending on potentially affected coastal properties.
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