A New Zealand Bankers’ Association spokesperson said banks were constantly responding to customer preferences but they weren’t seeing “that kind of demand” for sharia-compliant loans.
Month: February 2020
Ombudsman lays out five things that NZ banks are doing wrong
New Zealand Bankers’ Association chief executive Roger Beaumont said banks were already working hard to implement the recommendations of the Reserve Bank and Financial Markets Authority’s review of bank conduct and culture.
Conduct, culture and capital
The New Zealand banking industry is living in interesting times. In 2019 the three C’s – conduct, culture and capital – dominated our landscape. Where have we got to and what’s coming up?
RBNZ launches direct phone line and email for whistleblowers in banking
The move surprised the NZ Bankers’ Association, which has been working on its own industry-wide scheme to provide an independent alternative to the banks’ current whistleblowing services.
Exposure draft of the Credit Contracts and Consumer Finance Amendment Regulations 2020
Ministry of Business, Innovation and Employment
Rotorua woman one of thousands of Kiwis left struggling after having bank account closed
The Bankers Association says with 14 retail banks, people should shop around. It also says banks work with people with poor credit history to try and improve it, but accounts are never closed without good reason.
Recent Comments