Environment remains tight due to the COVID-19 pandemic
They are focusing on existing customers and processing hardship and deferral requests
The gap between market rates and banks' servicing test rates continues to widen
Advisers warn about break fees
Businesses can reopen under alert level 2 lockdown, provided that they follow social distancing and strict hygiene standards
Advisers reminded to monitor cash flow closely
The new name brings experience from financial institutions worldwide
He says focus should now be on supporting small businesses
New Zealand is officially in recession with more lockdowns possible