BNZ has extended the Community Finance programme it runs with Good Shepherd NZ, allowing $5m of no-interest loans to be accessed by families impacted by Covid-19. The bank says the loans of up to $1500 will help prevent people from using loan sharks or other predatory lenders. Over the past week Nine to Noon has talked to the heads of the biggest banks in New Zealand, and Angie Mentis, chief executive of BNZ joins Kathryn this morning.
8 Apr 2020