Media

Here you’ll find our media releases and opinions about banking in New Zealand, along with our media appearances.

Media Appearances Media Releases Opinions

Newshub - Banks in New Zealand to trial ‘hubs’ in regions hit by lack of branches

September 30, 2019 - “I’d like to thank the banks and the Bankers’ Association for working with the Government on this initiative which will be implemented in early 2020.”

Media Appearances

Timaru Herald - Twizel one of four towns to trial a multi-banking hub

September 30, 2019 - “Each Banking Hub pilot will test different ways of adapting to community demand and requirements and services will evolve over time. They will provide different capabilities, with variations in technology and personal service.”

Media Appearances

NZ Herald - Banks promise not to shutdown regional branches as Government trials ‘banking hubs’

September 30, 2019 - “The New Zealand Bankers’ Association note that in the past five years, about 70 per cent fewer people have been using branches nationwide.”

Media Appearances

Stuff - Government reaches deal with banks to push pause on regional branch closures

September 30, 2019 - “While many people hardly ever visit bank branches, some people still prefer to bank face to face,” Beaumont said.

Media Appearances

Interest.co.nz - Government says the big banks have promised not to close any regional branches while a four-location trial of banking hubs is under way from early next year

Media Appearances

RNZ - Regional banking hubs to be trialled in towns

September 30, 2019 - New Zealand Bankers’ Association chief executive Roger Beaumont said the partnership of six banks would use innovative ideas and technology to help communities that “feel left behind when physical branches close”.

Media Appearances

NZ Adviser - Bank and insurer groups welcome govt’s new regime

September 26, 2019 - “We will work closely with the government and regulators to develop and implement the new requirements,” New Zealand Bankers’ Association chief executive Roger Beaumont stated.

Media Releases

Banks welcome new financial conduct regime

September 25, 2019 - The New Zealand Bankers’ Association today welcomed the government’s announcement to introduce a new regime for financial service providers to ensure fairer treatment for customers. “Banks want to treat their customers fairly. It’s good for customers and good for business. We welcome further steps to help ensure we’re doing that. We will work closely... Read more »

Media Releases

Bank staff to help teach School Leavers’ Toolkit

September 25, 2019 - The banking industry will provide hands-on skills to support the School Leavers’ Toolkit by making staff available to teach the financial literacy component, as required. The New Zealand Bankers’ Association has been involved in the development of the toolkit since it began, providing ideas, specialist expertise and content approval for the financial literacy component. Banks... Read more »

Media Appearances

Interest.co.nz - Government’s proposed conduct licensing regime for financial service providers will make them accountable for sales to consumers

September 25, 2019 - “Since last year’s Bank Conduct and Culture Review all banks have committed to removing sales incentives for frontline salespeople and their managers. While that review found no evidence of widespread misconduct and culture issues across the industry here we accept there’s work to do to put better systems and processes in place to ensure good... Read more »