Banken- und Fintech-Branchenverbände wollen „Open Finance -Grundlagen gestalten moneycab.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from moneycab.com Daily Mail and Mail on Sunday newspapers.
Listen: Jacinda Ardern - What Govt is doing about rural bank closures
2 Mar, 2021 11:45 PM
3 minutes to read
Prime Minister Jacinda Ardern. Photo / Mark Mitchell
The Country
The Government has been concerned about rural bank closures for some time Prime Minister Jacinda Ardern says.
Yesterday, South Wairarapa mayor Alex Beijen presented Parliament with a letter signed by 32 provincial mayors, calling for a formal enquiry into the effect bank branch closures had on their communities.
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The Government had noticed the trend occurring even pre-Covid, Ardern told The Country s Rowena Duncum. We were seeing closures, particularly in rural isolated areas where banks were making individual decisions which were leaving some communities with banking services at a huge distance.
ROBERT KITCHIN/Stuff
Grant Robertson: There is no single silver bullet for addressing the housing crisis . The market has moved quickly and rapidly in a way that is not sustainable. We have to confront some tough decisions and we will do that in the coming weeks.
The Finance Minister is worried about the risk that interest-only home loans pose to the country s financial stability – and that s just the half of it. This month is crunch time for home-owners and investors who signed up for the Government s mortgage deferral scheme in last year s economic downturn. In the six months after the first lockdown, more than 61,000 bank customers deferred all repayments on consumer loans totalling around $21 billion. The deferral scheme was extended another six months and gradually, property owners restarted payments – but by the start of the year, the banks were still exposed to $2.4b in mortgages on which the borrowers weren t paying back the principal or the interest.
Nachrichtenlose Vermögen – Bund erhält 18 Millionen Franken aus vergessenen Bankkonten berneroberlaender.ch - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from berneroberlaender.ch Daily Mail and Mail on Sunday newspapers.
Zimbabwe Banks Shut 17% of Branches as Virus Drives Digitization
Jan 18 2021, 7:51 PM
January 18 2021, 4:06 PM
January 18 2021, 7:51 PM
(Bloomberg) Zimbabwean banks have closed about 17% of their branches as an escalation in the number of coronavirus infections spurs lenders to shut their doors for the time being and accelerate a digitization drive.
(Bloomberg) Zimbabwean banks have closed about 17% of their branches as an escalation in the number of coronavirus infections spurs lenders to shut their doors for the time being and accelerate a digitization drive.
Of the 300 branches in the country, 10% were permanently closed last year due to the digitization push. An additional 23 branches are now temporarily under lock and key in response to a strict 30-day lockdown that started on Jan. 5, the Zimbabwe Bankersâ Allied Workers Union said.