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LendMe eyes peer-to-peer licence

LendMe eyes rural sector and top up loans for home buyers with peer-to-peer licence from the FMA expected 'shortly.' Commercial property, equipment sectors also in the plans

Co-op Bank profit, mortgages grow

The Co-operative Bank delivers 12% rise in December quarter profit as home loan growth tops system

ANZ, ASB have highest ave pay of big banks

Average annual pay per worker across the big five banks rises 5.6%

TSB Bank profit smashed

TSB tumbles into the red in December quarter on Solid Energy write-off; Cost to income ratio strong

Technology doesn't do it all

Professor Ang says despite the advantages of modern technology, the emphasis is still on individual organisations to keep themselves informed, up-to-date, and communicate well

Oil price bounce back predicted to be weak

Oil prices expected to remain relatively low over next two years - exploration in NZ slowing right down

Another Solid Energy bailout?

Solid Energy sees  'diminishing ability to repay or refinance debt.'' TSB writes off full $53.9m exposure, 5 other banks owed $300m plus

'1 Auckland mortgage equivalent to 3 in Invercargill'

SBS striving to offer greater value to its members as profit, home loan book grow strongly in December quarter

Favourable funding conditions seen continuing

Funding picture remains a good one for banks

Australia toughening foreign investor rules

Labour suggests PM Key takes a leaf out of Abbott's book when it comes to regulating foreign investment 

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