Marcus says the region needs a coordinated approach to getting back on track.
“Coordination, as you would expect, has been slow, as people come to terms with the enormity of this event while trying to help in time-critical areas like keeping apple trees alive and getting living essentials to isolated communities.
“We need to ensure that capital is available to those sectors as we look to rebuild a more resilient sector - for example, and really simply, where there was once a one lane bridge, we could build a two-lane bridge - providing smarter logistical routes and opening up new areas for food production.
“As a bank, we’ve been here before – such as during the PSA kiwifruit virus outbreak - and we take a long-term view that allows our customers to have assurance and stability of their capital provider - it also allows us to be prepared for events like this.
"We've been working closely with affected ANZ business customers around the region to understand their needs, and offer customised assistance to help them get back on track.
“I’ve been heartened by the resilience and generosity shown by our customers, and the community, and Hawke’s Bay will recover from this – but it will take time.”
To aid in recovery efforts, ANZ New Zealand has pledged $3 million to communities affected by Cyclone Gabrielle, including $1m to the New Zealand Red Cross.