Author: Philip vanDyk

New Zealand banks stack up well

New Zealand banks are well positioned in the face of current international financial tensions. “Our banks’ strength lies in the fact that they are well capitalised and regulated,” said New Zealand Bankers’ Association chief executive Sarah Mehrtens. New Zealand banks all meet the international standards, and the Reserve Bank of New Zealand requirements which are… Read more »

Banks support move to help leaky home owners

The New Zealand Bankers’ Association today welcomed the government’s financial assistance for leaky homes which will provide a further option for affected home owners. The package will offer a government contribution of 25% of the cost of approved repairs to eligible home owners to repair their homes, and home owners may be eligible for a… Read more »