Media Releases

Media Releases

Prudent Budget supports growing economy

- The government’s prudent financial management provides a solid grounding for the New Zealand economy, households and businesses, says the New Zealand Bankers’ Association today in response to Budget 2017. “There were no major surprises in today’s Budget. It builds on the government’s prudent approach to managing its finances and meeting our needs in a growing... Read more »
Media Releases

Fraud Week: Take care online

- The recent global randsomware attack provides a grim reminder to protect yourself online, says the New Zealand Bankers’ Association in Fraud Week 2017. “The convenience of banking and shopping online means we sometimes forget that fraudsters are always looking for new ways to steal our money. The recent ransomware attacks around the world reminds us... Read more »
Media Releases

Privacy Week: How to keep your banking secure

- As part of Privacy Week the New Zealand Bankers’ Association is reminding people how to keep their banking safe from financial crime. “Banks take their customers’ privacy and confidentiality very seriously by protecting their systems and customer information. We all have a role to play in keeping our money safe from fraudsters,” says New Zealand... Read more »
Media Releases

Westpac to chair New Zealand Bankers’ Association

- Westpac chief executive David McLean has been elected chair of the New Zealand Bankers’ Association for 2017/18 and took on the role on 1 April. Kiwibank chief executive Paul Brock was elected deputy chair. David McLean says it’s a privilege to be elected chair and he is confident NZBA will continue to promote outcomes that... Read more »
Media Releases

Strong banking sector highly competitive – FIPS

- KPMG’s Financial Institutions Performance Survey for the 2016 financial year has found that the strength of the New Zealand banking sector continues to underpin its performance. “The strength of New Zealand’s banks continues to provide a solid platform for our economic growth. Our banks are well capitalised and regulated, and highly competitive. That means they’re... Read more »
Media Releases

Phone scam targets elderly

- The New Zealand Bankers’ Association has issued a warning to beware fraudsters pretending to be utility companies and banks who are targeting elderly people. “Never give out bank account usernames, passwords, PINs or verification codes. While your bank may ask questions to confirm your identity, it will never ask for this confidential information. “If in... Read more »
Media Releases

Telephone survey scam warning

- The New Zealand Bankers’ Association today warned people to beware a telephone survey scam. Cautious members of the public have reported receiving unsolicited calls from an organisation called the “Bankers’ Association of New Zealand” claiming to be doing a customer satisfaction survey and seeking personal information. “We strongly encourage people not to engage with these... Read more »
Media Releases

Warning: credit card chargebacks and risky online investments

- The New Zealand Bankers’ Association today supported the Banking Ombudsman’s warning that you shouldn’t expect to be reimbursed for authorised credit card payments to risky binary options trading websites. “Once you’ve authorised an online payment with your credit card to a binary options trading website, you can’t expect to get a chargeback if the trade... Read more »
Media Releases

Beware financial crime this festive season

- As New Zealanders prepare to go on their summer holidays the New Zealand Bankers’ Association cautions people to watch out for financial crime. “At this busy time it can be easy to let our guard down. While we’re getting ready for the holidays, the fraudsters are hard at work. “They love this time of year... Read more »