Author: Philip vanDyk

NZ banking sector earnings show big gain

“The net interest rate margin remains relatively flat and banks are really generating their profits off a reduction in expenses and also provisioning that is at historically low levels.”

NZBA welcomes FMA’s proposed guide on conduct

The New Zealand Bankers’ Association (NZBA) today welcomed the Financial Markets Authority’s (FMA) release of ‘A guide to the FMA’s view of conduct’. “Good conduct and trust form a vital part of banks’ relationships with their customers. New Zealand banks work hard to ensure their customers’ interests are considered first when providing financial advice, so… Read more »