- The new chief executive of the New Zealand Bankers’ Association says banks need more policy detail and more justification from the Reserve Bank on its plans to implement new global capital adequacy requirements for local banks ahead of the timetable set by the international regulatory overseer.
- In its statement the New Zealand Bankers’ Association (NZBA) quoted Hisco as saying a strong and resilient banking sector was crucial for New Zealand.
- As police continue to investigate the fraudulent skimming of several Auckland ATMs, the New Zealand Bankers’ Association has released a list of simple tips to help foil bank card scammers.