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12 Dec 2024 15:11
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  •   Home > News > Business

    BNZ says it's looking to lower its risk - by pulling back from petrol stations, as more vehicles go electric

    BNZ says it's looking to lower its risk - by pulling back from petrol stations, as more vehicles go electric


    One customer received a letter from BNZ telling them they won't lend to petrol stations - and all debts must be repaid by 2030.

    BNZ CEO, Dan Huggins, told the banking inquiry they are willing to be flexible with some customers.

    He says some are trying to convert to cleaner energy sources so they will work with them.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     12 Dec: Air New Zealand's one step closer to flying its first electric aircraft around the country - a year ahead of schedule
     12 Dec: QV figures show construction costs are increasing at the slowest pace in a decade -- and below the inflation rate
     12 Dec: Microsoft's pledging to train 100-thousand New Zealanders in AI over the next two years
     12 Dec: An increase in Greater Christchurch bus fares has been confirmed by the regional council
     12 Dec: A positive forecast for New Zealand's food and fibre exports - with expectation they'll reach record levels over the next two years
     11 Dec: The Government's open to private sector involvement in replacing the ageing Interislander ferries
     11 Dec: The Government's giving no clues on what it'll spend on replacing the aged-out Interislander ferries
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     Today's News

    Christchurch:
    A large-scale emergency response has sparked south of Christchurch, as a series of grass fires burn 14:57

    Entertainment:
    Kate Cassidy has shared some home video footage of herself and Liam Payne 14:54

    Rugby League:
    Kiwis hooker Brandon Smith is adamant he'll put in his best for the Sydney Roosters in the NRL next year, despite them seemingly pushing him out the door 14:37

    Entertainment:
    Zachary Levi has insisted his support for Donald Trump hasn't "compromised" his career 14:24

    National:
    Deliberate disinformation campaigns are a public health risk – but NZ has no effective strategy to deal with it 14:07

    Business:
    Air New Zealand's one step closer to flying its first electric aircraft around the country - a year ahead of schedule 14:07

    Entertainment:
    Brendan Fraser says his late horse Pecas "saved an emotional part of me" 13:54

    Politics:
    Labour's Maori Affairs spokesperson is accusing the Government of dishing out continued blows against Maori 13:47

    Business:
    QV figures show construction costs are increasing at the slowest pace in a decade -- and below the inflation rate 13:27

    Entertainment:
    Catherine, Princess of Wales helped make Liz Hatton the "happiest" she had ever been during the last two months of her life 13:24


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