Advisers have feared that customers taking payment holidays would face difficulties accessing finance in the future
All banks are offering an emergency loan package for struggling businesses
Banks have been swamped with thousands of enquiries
Chief executive says borrowers should consider carefully whether a mortgage holiday is for them
Chief executive says NZ banks are “extremely well capitalised” and will weather the storm
Bank urges concerned customers to contact them to discuss their options
The regulator says it failed to carry out proper due diligence and documentation checks
Leader says advisers will be crucial in planning out financial futures
It says the govt is in talks with alternative lenders, but it wants to offer the option right away