No new lending for petrol stations will impact rural communities the most
Waitomo chief executive Simon Parham told Nine to Noon rural communities would be the most impacted by this decision, and ...
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With more banks deserting New Zealand, the consumer suffers
With the market concentrating into fewer banks and secondary financial services providers, General Capital’s managing director Brent King says competition is being stifled, with consumers potentially ...
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BNZ Bosses Grilled By Banking Inquiry
The banking inquiry also grilled BNZ on their lending to farmers, with the bank claiming they have plenty of capital available to lend to farmers, but there just wasn’t enough demand to take it up.
Is new lending drying up for petrol stations
New Zealand fuel retailer Waitomo says the writing is on the wall as banks move to wind up new lending to petrol stations. At the select committee enquiry into banking yesterday, the BNZ acknowledged ...
New Zealand Mortgage Adviser Head Officially A Global Leader
Country manager of the Finance and Mortgage Advisers Association of New Zealand (FAMNZ) Leigh Hodgetts’ was included in the prestigious ‘Global 100 report’ which included industry figures from the USA ...
Federated Farmers takes Net Zero Banking Alliance complaint to Commerce Commission
However just this week, US banking giant Goldman Sachs exited the alliance, the first major bank to leave since the alliance ...