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Banks

Latest combined core funding ratio for locally incorporated banks at 84.8% versus 75% minimum
8th May 13, 4:02pm
Latest combined core funding ratio for locally incorporated banks at 84.8% versus 75% minimum
BNZ names Annie Brown from within to replace its departing 'director of people'
8th May 13, 3:26pm
BNZ names Annie Brown from within to replace its departing 'director of people'
Analysts at UBS point to key challenges facing ANZ NZ, say it's 'very profitable' but question whether this is sustainable
7th May 13, 4:26pm
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Analysts at UBS point to key challenges facing ANZ NZ, say it's 'very profitable' but question whether this is sustainable
Opinion: UBS analysts question the sharemarket valuation of the big 4 Aussie banks, warn 'buyer beware'
7th May 13, 12:11pm
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Opinion: UBS analysts question the sharemarket valuation of the big 4 Aussie banks, warn 'buyer beware'
CEO Peter Clare 'comfortable' with Westpac NZ's risk settings in housing market as 'volatility' increases
6th May 13, 4:27pm
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CEO Peter Clare 'comfortable' with Westpac NZ's risk settings in housing market as 'volatility' increases
BNZ introduces new advertised one-year mortgage rate undercutting rivals, but borrowers require 20% equity
6th May 13, 9:34am
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BNZ introduces new advertised one-year mortgage rate undercutting rivals, but borrowers require 20% equity
Kiwibank may raise money to bolster its capital position to meet potential new Reserve Bank capital requirements
3rd May 13, 3:49pm
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Kiwibank may raise money to bolster its capital position to meet potential new Reserve Bank capital requirements
Westpac NZ interim cash earnings rise 7% as impairment charges on bad loans fall
3rd May 13, 10:20am
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Westpac NZ interim cash earnings rise 7% as impairment charges on bad loans fall
Statement of claim in 'class action' over bank fees coming by the end of May, Fair Play on Fees group says
2nd May 13, 4:25pm
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Statement of claim in 'class action' over bank fees coming by the end of May, Fair Play on Fees group says
ANZ NZ expanding geographical reach of branch foot-print and targeting cross-selling after National Bank 'merger' beds in
1st May 13, 5:04pm
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ANZ NZ expanding geographical reach of branch foot-print and targeting cross-selling after National Bank 'merger' beds in
The Auckland housing market suffers from a supply shortage but there isn't necessarily a bubble, ANZ NZ's David Hisco says
1st May 13, 4:53pm
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The Auckland housing market suffers from a supply shortage but there isn't necessarily a bubble, ANZ NZ's David Hisco says
PwC paper commissioned by NZ Bankers' Association says RBNZ's use of macro-prudential tools would result in borrowers paying banks higher interest rates
30th Apr 13, 8:00pm
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PwC paper commissioned by NZ Bankers' Association says RBNZ's use of macro-prudential tools would result in borrowers paying banks higher interest rates
ANZ NZ posts half-year profit of NZ$655 mln as it cuts costs and provisions for bad loans fall
30th Apr 13, 10:36am
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ANZ NZ posts half-year profit of NZ$655 mln as it cuts costs and provisions for bad loans fall
Deutsche Bank analysts say ANZ is being penalised for its lower-than-peer dividend payout ratio; Could sustain ratio of as much as 81% compared with current 65%
29th Apr 13, 3:55pm
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Deutsche Bank analysts say ANZ is being penalised for its lower-than-peer dividend payout ratio; Could sustain ratio of as much as 81% compared with current 65%
Australasia's big 4 banks expected to post combined 5% rise in half-year cash earnings to A$13.22 billion
24th Apr 13, 4:45pm
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Australasia's big 4 banks expected to post combined 5% rise in half-year cash earnings to A$13.22 billion
Magazine's awards for ANZ NZ and its CEO David Hisco recognise success in merging the ANZ and National banks, including move to one IT platform
24th Apr 13, 1:40pm
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Magazine's awards for ANZ NZ and its CEO David Hisco recognise success in merging the ANZ and National banks, including move to one IT platform
ANZ says it aims to lend at least NZ$500 mln to start-up businesses over two years in an effort to help reduce unemployment
23rd Apr 13, 9:40am
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ANZ says it aims to lend at least NZ$500 mln to start-up businesses over two years in an effort to help reduce unemployment
National Bank depositors more loyal than ANZ's, and all other banks' depositors except ASB's
22nd Apr 13, 8:42am
National Bank depositors more loyal than ANZ's, and all other banks' depositors except ASB's
Despite cheaper funding and reduced expenses, the average bank net interest margin fell in the December quarter, KPMG says
18th Apr 13, 4:28pm
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Despite cheaper funding and reduced expenses, the average bank net interest margin fell in the December quarter, KPMG says
KiwiSaver funds held by banks won't be 'pre-positioned' for the RBNZ's OBR policy as managers viewed to be 'better able to manage temporary illiquidity' than depositors
16th Apr 13, 4:43pm
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KiwiSaver funds held by banks won't be 'pre-positioned' for the RBNZ's OBR policy as managers viewed to be 'better able to manage temporary illiquidity' than depositors
ANZ resets interest rate on NZ$835 mln bond issue at 5.28% for 5-years, well down on 9.66% they've paid since 2008
16th Apr 13, 1:10pm
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ANZ resets interest rate on NZ$835 mln bond issue at 5.28% for 5-years, well down on 9.66% they've paid since 2008
BNZ names Michelle van Gaalen to new role as director of strategy and business performance
15th Apr 13, 5:42pm
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BNZ names Michelle van Gaalen to new role as director of strategy and business performance
On the heels of Fitch's warning, Moody's seeing more evidence that a number of risks faced by NZ's big banks are 'coming through the banking system'
12th Apr 13, 4:21pm
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On the heels of Fitch's warning, Moody's seeing more evidence that a number of risks faced by NZ's big banks are 'coming through the banking system'
ASB appoints two new South Island-based rural corporate banking managers including Ray Parker, the former CEO of Tasman Agriculture
11th Apr 13, 11:53am
ASB appoints two new South Island-based rural corporate banking managers including Ray Parker, the former CEO of Tasman Agriculture
NZ doesn't have deposit insurance due to moral hazard and the difficulties of defining boundaries and pricing, but it could easily be accommodated, RBNZ says
11th Apr 13, 10:07am
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NZ doesn't have deposit insurance due to moral hazard and the difficulties of defining boundaries and pricing, but it could easily be accommodated, RBNZ says