- The New Zealand Bankers’ Association says it’d like to see the Ministry of Justice, alongside the three anti-money laundering law enforcers, run a public awareness campaign to boost understanding of how anti-money laundering laws affect bank customers and the public in general.
- Banker’s Association chief executive Kirk Hope said easing the restrictions would not be the end of the world and suggested loosening them from 10 percent to perhaps 15 percent might help flagging economic growth.
- The New Zealand Bankers’ Association is encouraging people to get their money fighting fit during Money Week which runs from 13 to 19 October. “Financial fitness is a lot like physical fitness. We know it’s good for us and can really improve our lives and how we feel, but sometimes it’s hard to take the... Read more »
- Bankers’ Association chief executive Kirk Hope said banks always recommended people protected themselves from online fraud by keeping their operating systems and security software up-to-date.
- Bankers’ Association chief executive Kirk Hope said the banking sector understood that up to 30 per cent of sum-insured homes might be under-insured.
- Banks are managing their businesses well and that helps support New Zealand’s economic growth said the New Zealand Bankers’ Association in response to KPMG’s Financial Institutions Performance Survey for the quarter to June 2014. The report showed a normalised increase in bank profits of 6.2 per cent for the quarter. “Profitability is an important part... Read more »
- “We think the later the date the better. This will give the banking industry more time to adapt and draw on experience gained through FATCA,” says Hope.
- New Zealand Bankers Association chief executive Kirk Hope said banks would consider a borrower’s servicing ability before agreeing to lend on a second home or offering bridging finance.
