NZ Herald
Rush on for loan approval
28/08/2013
New Zealand Bankers’ Association chief executive Kirk Hope said people should be aware they may be declined loans because of the new restrictions and advised people to talk to their bank about individual needs and circumstances.
Read Article
Radio NZ
Radio New Zealand interview about lending limits
21/08/2013
Kirk Hope talks to Geoff Robinson on Morning Report about lending restrictions imposed by the Reserve Bank.
Read Article
Stuff.co.nz
RBNZ cracks down on mortgage lending
20/08/2013
“While there are positive moves to deal with the supply issue, that will take some time to be resolved. Credit growth, currently at around five per cent, is not driving this,” said New Zealand Bankers’ Association chief executive Kirk Hope.
Read Article
Banks will work hard to meet customer needs within new lending limits
19/08/2013
In response to the Reserve Bank imposing limits on higher loan-to-value ratio mortgage lending today, the New Zealand Bankers’ Association said banks would continue to work hard to meet their customers’ needs within the new restrictions. “People should be aware they may be declined loans because of the new restrictions imposed by the Reserve Bank....
Read Article
Radio NZ
Banks claim first home buyers will suffer if proposed mortgage lending restrictions go ahead
16/07/2013
Kirk Hope talks to Kathryn Ryan on Nine to Noon about proposed lending limits and the impact on first-home buyers.
Read Article
Dominion Post
Loans door shutting on first-home buyers
16/07/2013
One in every two to three first-home buyers could be shut out of the housing market as the Reserve Bank forges ahead with controversial restrictions on home loans. Bankers’ Association chief executive Kirk Hope said the rules would have “perverse consequences” and lock buyers out of the market.
Read Article
NZBA
Insurers say no to database
07/07/2013
The Bankers’ Association is seeking to create a database of house insurance contracts to allow mortgage lenders to keep tabs on whether borrowers are keeping their homes adequately insured.
Read Article
Bank fee court case may bring out scammers
01/07/2013
The banking industry is warning customers to be alert to a phishing scam capitalising on publicity around the legal action on bank fees. A class action against banks in Australia has seen a large number of customers targeted by fraudsters claiming to be from their bank. Typically, fraudsters inform customers that for a small payment...
Read Article
New anti-money laundering regime now in force
30/06/2013
All New Zealand banks are now required to comply with the new anti-money laundering regime, which came into force on 30 June. Under the Anti-Money Laundering and Countering Financing of Terrorism Act 2009 all New Zealand banks have additional obligations to check customer identity and, in some cases, account activity. “The new regime applies to...
Read Article
NZ Herald
Close watch for house loan hints
27/06/2013
Hope said there was a risk that in capping the amount of lending done over the 80 per cent threshold it could spark third tier lenders to emerge and lend money on an unsecured basis.
Read Article
