Business / Money

Calls for an inquiry into banks quitting provincial communities

13:20 pm on 2 March 2021

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Mayors across the country are calling for a formal inquiry into the closure of banks in provincial communities.

33 mayors have signed a letter to the Prime Minister asking the Government to intervened. 

Gisborne District Council mayor Rehette Stoltz signed the letter and explains to Jesse why the banks are so important to the smaller communities. 

Gisborne Mayor Rehette Stoltz's comments follow Kiwibank's announcement of plans to close its Gisborne branch, along with six others nationwide. Photo: LDR/ Supplied