Bank of China
Banks raise housing, business & agriculture loan provisions, have work to do on regulatory capital, see returns on equity fall
6th Jun 23, 7:37am
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Banks raise housing, business & agriculture loan provisions, have work to do on regulatory capital, see returns on equity fall
New Zealand banks' annual funding costs sink as big banks tighten grip on lending market
9th Mar 22, 10:53am
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New Zealand banks' annual funding costs sink as big banks tighten grip on lending market
Another challenger bank goes below 2% for mortgages, as the 2021 home loan market swells on sharply rising demand. These challenger banks have opened up a 30 bps rate advantage over the main banks
10th Feb 21, 10:10am
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Another challenger bank goes below 2% for mortgages, as the 2021 home loan market swells on sharply rising demand. These challenger banks have opened up a 30 bps rate advantage over the main banks
A large challenger bank trims home loan rates to near market-leading levels, the first to do so after the RBNZ MPS and the first to line up for the Spring real estate selling season race
17th Aug 20, 5:20pm
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A large challenger bank trims home loan rates to near market-leading levels, the first to do so after the RBNZ MPS and the first to line up for the Spring real estate selling season race
Bank of China New Zealand Chairman Chris Tremain says despite capital constraints, the bank is well placed to compete in the residential mortgage market
9th Jul 20, 5:00am
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Bank of China New Zealand Chairman Chris Tremain says despite capital constraints, the bank is well placed to compete in the residential mortgage market
ASB cuts most home loan rates again, and matches them with even sharper term deposit rate cuts
19th Jun 20, 9:59am
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ASB cuts most home loan rates again, and matches them with even sharper term deposit rate cuts
Bank of China New Zealand grows residential mortgage lending 14.4% in March year
8th Jun 20, 9:54am
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Bank of China New Zealand grows residential mortgage lending 14.4% in March year
Bank of China launches a new all-time low home loan rate just as wholesale markets try and turn up after reaching their own record lows
5th Jun 20, 11:12am
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Bank of China launches a new all-time low home loan rate just as wholesale markets try and turn up after reaching their own record lows
Now its ASB's turn to push down home loan interest rates, with a market leading target at 2.69% for two years fixed, and trumping all their main rivals
22nd May 20, 10:07am
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Now its ASB's turn to push down home loan interest rates, with a market leading target at 2.69% for two years fixed, and trumping all their main rivals
Westpac joins the fray with a market leading two year fixed rate, but doesn't reduce standard rates so the difference grows to unusual levels
21st May 20, 6:38pm
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Westpac joins the fray with a market leading two year fixed rate, but doesn't reduce standard rates so the difference grows to unusual levels
TSB joins ANZ offering a home loan rate of 2.79% fixed for one year. It cuts four other rates, two of them to below 3%. It cuts term deposit rates too
21st May 20, 12:50pm
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TSB joins ANZ offering a home loan rate of 2.79% fixed for one year. It cuts four other rates, two of them to below 3%. It cuts term deposit rates too
ANZ cuts its one year mortgage special to 2.79%, lower than its main rivals and matching the lowest one year rate anywhere. Cuts most other fixed rates too
20th May 20, 6:35pm
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ANZ cuts its one year mortgage special to 2.79%, lower than its main rivals and matching the lowest one year rate anywhere. Cuts most other fixed rates too
Chinese bank ICBC sharpens its home loan rate card with fixed rate offers as low at 3.18% and no 'special' rate above 4%, closely following its main rivals
1st Oct 19, 12:07pm
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Chinese bank ICBC sharpens its home loan rate card with fixed rate offers as low at 3.18% and no 'special' rate above 4%, closely following its main rivals
While most of the main banks have settled on 3.49% as their new two year fixed mortgage rate, the question is, will they jump lower again?
27th Sep 19, 12:30pm
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While most of the main banks have settled on 3.49% as their new two year fixed mortgage rate, the question is, will they jump lower again?
After being matched by some of their main rivals after their earlier cut, BNZ makes a second cut to its benchmark two year home loan rate, taking it down to 3.49%
20th Sep 19, 5:09pm
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After being matched by some of their main rivals after their earlier cut, BNZ makes a second cut to its benchmark two year home loan rate, taking it down to 3.49%
New Zealand's largest home loan lender cuts its two year rate to the same level BNZ adopted a few days ago. So does Westpac. But they remain much higher than the recent market leaders
18th Sep 19, 5:33pm
New Zealand's largest home loan lender cuts its two year rate to the same level BNZ adopted a few days ago. So does Westpac. But they remain much higher than the recent market leaders
The launch of market leading home loan rates by subsidiaries of China's main banks signals a more active role in retail banking here. We profile the institutions
18th Sep 19, 3:02pm
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The launch of market leading home loan rates by subsidiaries of China's main banks signals a more active role in retail banking here. We profile the institutions
The New Zealand subsidiary of the Bank of China has launched a 3.15% rate for one and two year fixed home loan contracts, setting a new low in the New Zealand mortgage market
18th Sep 19, 6:02am
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The New Zealand subsidiary of the Bank of China has launched a 3.15% rate for one and two year fixed home loan contracts, setting a new low in the New Zealand mortgage market
Solid March quarter lending growth for both Kiwibank and TSB as several banks go backwards on the deposit front
4th Jun 19, 9:51am
Solid March quarter lending growth for both Kiwibank and TSB as several banks go backwards on the deposit front
Bank of China's now been open for business in NZ for four years and wants to 'continue to leverage' its cross-border advantages to promote bilateral economic and trade cooperation
22nd Nov 18, 1:57pm
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Bank of China's now been open for business in NZ for four years and wants to 'continue to leverage' its cross-border advantages to promote bilateral economic and trade cooperation
ICBC NZ and Bank of China NZ have upped their provisions on loans to embattled insurer CBL
12th Sep 18, 4:41pm
ICBC NZ and Bank of China NZ have upped their provisions on loans to embattled insurer CBL
The Chinese banks operating in New Zealand hit their first lending judder bar in the form of insurance company CBL, causing a potential capital issue for ICBC
9th Apr 18, 9:56am
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The Chinese banks operating in New Zealand hit their first lending judder bar in the form of insurance company CBL, causing a potential capital issue for ICBC
Chinese government controlled banks gain required RBNZ approval to ramp up their New Zealand lending
4th Apr 18, 3:33pm
Chinese government controlled banks gain required RBNZ approval to ramp up their New Zealand lending
Chinese government controlled Bank of China Ltd injects capital into NZ subsidiary, boosting its ability to grow lending
12th Apr 17, 10:04am
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Chinese government controlled Bank of China Ltd injects capital into NZ subsidiary, boosting its ability to grow lending
NZ's three Chinese government controlled banks, combined, are now about the same size as The Co-operative Bank by assets
4th Apr 17, 5:43pm
NZ's three Chinese government controlled banks, combined, are now about the same size as The Co-operative Bank by assets