Author: Philip vanDyk

Banks review their contracts

Posted by

Contracts should be viewed in the context of the consumer credit law within which they operate, rather than in isolation, the New Zealand Bankers’ Association said.

Guard your card and PIN over the holidays

Posted by

The New Zealand Bankers’ Association is urging people to beware of card fraud over the holidays. “It’s that time of the year when people are getting into the festive spirit, doing their Christmas shopping and anticipating the New Year sales. At this busy time it pays to keep your guard up when using your bank… Read more »

Warnings to beware the credit card trap

Posted by

“Only 3 per cent of New Zealand credit card holders pay the minimum each month,” he said. “That’s compared to 13 to 14 per cent in the US and UK. More than half of New Zealanders who have credit cards pay off their balance in full each month, while only a third in the US… Read more »

Bank of China granted NZ licence

Posted by

New Zealand Bankers’ Association chief executive Kirk Hope says the association welcomes the Bank of China as the latest participant in the New Zealand banking industry.

Protect yourself online this Christmas

Posted by

As part of International Fraud Awareness Week the New Zealand Bankers’ Association is urging consumers to stay safe online as we head into the festive season. “Now’s the time that people will be shopping for Christmas. If you’re shopping online there are some simple ways you can protect yourself from financial crime,” said New Zealand… Read more »

Government credited with improving bank profits

Posted by

Hope says the profits are result of the government’s “prudent fiscal management”, which has kept New Zealand’s economy strong. “It’s probably a preferable outcome to the opposite, which is what we’re seeing in Europe, where there is continued malaise, businesses are unable to get lending to help grow the economy and there are real problems.”