Month: March 2021

Bank closures: Mayors deliver plea for more bank branches to Beehive

“During the Covid-19 lockdowns, banks helped thousands of New Zealanders get better at using online and mobile banking. Those customers aren’t looking back. However, we know that some customers still prefer face-to-face banking, and that’s what this banking hub trial is designed to test.”

Communities demand Government inquiry into rural bank closures

New Zealand Bankers’ Association chief executive Roger Beaumont said: “Branches are closing in some regional communities due to lack of demand. These changes are occurring because customers are banking differently – they can go online, call their bank or use an app.”