Banking
Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
8th Mar 23, 11:59am
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Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
NZ bank profit probe by Commerce Commission would be a good start: Shamubeel Eaqub
3rd Mar 23, 12:04pm
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NZ bank profit probe by Commerce Commission would be a good start: Shamubeel Eaqub
Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike
3rd Mar 23, 9:26am
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Reserve Bank still has 'expectations' the country's banks will increase their term deposit rates - despite no moves from any of the major banks to date since last week's Official Cash Rate hike
Gareth Vaughan probes Westpac's successful court battle to dump a company associated with a Russian oligarch as a customer, wondering if our banks are acting with higher moral standards than our government
2nd Mar 23, 1:00pm
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Gareth Vaughan probes Westpac's successful court battle to dump a company associated with a Russian oligarch as a customer, wondering if our banks are acting with higher moral standards than our government
In contrast to ASB and Kiwibank, Heartland Group Holdings posts a drop in net interest margin
1st Mar 23, 7:51am
In contrast to ASB and Kiwibank, Heartland Group Holdings posts a drop in net interest margin
Bank lending grew faster in countries with policy packages combining large fiscal, monetary, and prudential measures, the IMF finds
28th Feb 23, 9:28am
Bank lending grew faster in countries with policy packages combining large fiscal, monetary, and prudential measures, the IMF finds
CEO Steve Jurkovich says Kiwibank's new ownership structure is less complex than when there were three shareholders
27th Feb 23, 9:44am
CEO Steve Jurkovich says Kiwibank's new ownership structure is less complex than when there were three shareholders
A new kind of multilateral platform could improve cross-border payments, leveraging technological innovations for public policy objectives, the IMF says
25th Feb 23, 9:25am
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A new kind of multilateral platform could improve cross-border payments, leveraging technological innovations for public policy objectives, the IMF says
CEO Steve Jurkovich suggests mortgage brokers could one day originate 85% of Kiwibank's home loans
24th Feb 23, 1:30pm
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CEO Steve Jurkovich suggests mortgage brokers could one day originate 85% of Kiwibank's home loans
Kiwibank CEO Steve Jurkovich says record first-half profit won't be repeated in second-half of bank's financial year as MP raises idea of bank levy
23rd Feb 23, 1:10pm
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Kiwibank CEO Steve Jurkovich says record first-half profit won't be repeated in second-half of bank's financial year as MP raises idea of bank levy
[updated]
Jump in net interest income pushes Kiwibank's half-year profit to almost $100 million
23rd Feb 23, 9:22am
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Jump in net interest income pushes Kiwibank's half-year profit to almost $100 million
Institute of International Finance sees key role for non-banks in climate fight, 'inflection point' in the fourth quarter of 2022
23rd Feb 23, 8:05am
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Institute of International Finance sees key role for non-banks in climate fight, 'inflection point' in the fourth quarter of 2022
RBNZ Governor Adrian Orr calls on banks to lift deposit rates as much as mortgage rates; says Gabrielle shows banks haven't done enough on inclusion and resilience in regional areas
22nd Feb 23, 6:12pm
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RBNZ Governor Adrian Orr calls on banks to lift deposit rates as much as mortgage rates; says Gabrielle shows banks haven't done enough on inclusion and resilience in regional areas
Live-streamed video from the February 2023 RBNZ Monetary Policy Statement press conference with Governor Adrian Orr
22nd Feb 23, 2:55pm
Live-streamed video from the February 2023 RBNZ Monetary Policy Statement press conference with Governor Adrian Orr
Cautious outlook of ASB's parent Commonwealth Bank of Australia highlighted in analysts' results reviews
17th Feb 23, 10:15am
Cautious outlook of ASB's parent Commonwealth Bank of Australia highlighted in analysts' results reviews
CEO Vittoria Shortt says ASB's assisting customers by 'passing on pricing movements faster and in greater quantum' on term deposits than loans
16th Feb 23, 12:04pm
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CEO Vittoria Shortt says ASB's assisting customers by 'passing on pricing movements faster and in greater quantum' on term deposits than loans
[updated]
ASB interim profit jumps 10% to fresh record high as it highlights 'challenging' year for home loan customers
15th Feb 23, 10:50am
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ASB interim profit jumps 10% to fresh record high as it highlights 'challenging' year for home loan customers
Reserve Bank mulls changing the eligibility criteria for banks' liquid assets, adopting international bank liquidity standards, and how to apply liquidity requirements to non-bank deposit takers in liquidity review
10th Feb 23, 9:51am
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Reserve Bank mulls changing the eligibility criteria for banks' liquid assets, adopting international bank liquidity standards, and how to apply liquidity requirements to non-bank deposit takers in liquidity review
Despite sharp monetary policy tightening, financial conditions have eased around much of the globe, posing a challenge for central banks, the IMF says
5th Feb 23, 10:00am
3
Despite sharp monetary policy tightening, financial conditions have eased around much of the globe, posing a challenge for central banks, the IMF says
The Reserve Bank explains how broad money is created through the bank lending process, and explains the constraints on its creation. But their broader purpose is achieve low and stable inflation and support employment near its maximum sustainable level
5th Feb 23, 6:00am
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The Reserve Bank explains how broad money is created through the bank lending process, and explains the constraints on its creation. But their broader purpose is achieve low and stable inflation and support employment near its maximum sustainable level
Huge year for non-bank financial institution sector but clouds may be gathering
14th Dec 22, 7:51am
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Huge year for non-bank financial institution sector but clouds may be gathering
Reserve Bank is seeking views on whether regulatory changes may be required for new forms of 'private money' such as cryptoassets
7th Dec 22, 10:00am
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Reserve Bank is seeking views on whether regulatory changes may be required for new forms of 'private money' such as cryptoassets
[updated]
Curtain falling on Reserve Bank's Funding for Lending Programme which has continued providing economic stimulus as the OCR has been hiked 400 basis points
6th Dec 22, 7:00am
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Curtain falling on Reserve Bank's Funding for Lending Programme which has continued providing economic stimulus as the OCR has been hiked 400 basis points
Global banking giant HSBC reviewing its NZ retail banking operations with a sale one option being considered
1st Dec 22, 2:34pm
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Global banking giant HSBC reviewing its NZ retail banking operations with a sale one option being considered
Country's biggest bank ANZ NZ sees September quarter fall in gross lending as banks' net interest margins rise
1st Dec 22, 5:00am
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Country's biggest bank ANZ NZ sees September quarter fall in gross lending as banks' net interest margins rise