30 May 2023

BNZ in court to terminate bank relationship with Gloriavale

From Checkpoint, 5:37 pm on 30 May 2023

The High Court has heard Bank of New Zealand cannot justify terminating its 40 year banking relationship with the Gloriavale Christian community.

The bank sought to close Gloriavale's commercial accounts following an Employment Court ruling last year, arguing banking with the community would be inconsistent with its human rights policy.

Jean Edwards reports.