Kiwibank credit rating affirmed at AA but Fitch cautions on increasing competition & weaker capital position than rivals against backdrop of 'rapidly rising' house prices
S&P warns it may cut credit ratings of TSB Bank, Co-op Bank, Heartland Bank and 5 credit unions by 1 or 2 notches; cites NZ's 'economic vulnerabilities' and risk of housing slump
On the heels of Fitch's warning, fellow credit rating agency Moody's is seeing more evidence that 'a number of risks' faced by NZ's big banks are 'coming through the banking system'
Credit rating agency Fitch warns challenges are increasing for NZ's big banks with strong asset growth & fierce price competition potentially leading to asset bubbles
The comment stream
Recent comments
See more
Editors choice