Banking
Banks' loan provisioning on the rise as the economic picture darkens, KPMG's latest quarterly Financial Institutions Performance Survey says
29th Jun 22, 10:45am
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Banks' loan provisioning on the rise as the economic picture darkens, KPMG's latest quarterly Financial Institutions Performance Survey says
Macquarie analysts reduce their target prices for the shares of the Australian parents of New Zealand's big four banks
28th Jun 22, 9:24am
Macquarie analysts reduce their target prices for the shares of the Australian parents of New Zealand's big four banks
SBS Bank, Co-operative Bank, Rabobank keen on 365-day payments move, Heartland Bank not in a hurry
16th Jun 22, 10:28am
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SBS Bank, Co-operative Bank, Rabobank keen on 365-day payments move, Heartland Bank not in a hurry
Macquarie analysts highlight the difference between what banks pay retail deposit customers and what private bank customers can obtain via negotiated rates
14th Jun 22, 9:31am
Macquarie analysts highlight the difference between what banks pay retail deposit customers and what private bank customers can obtain via negotiated rates
SBS Bank happy with Reserve Bank's preferred capital instrument option for mutual banks
12th Jun 22, 2:44pm
SBS Bank happy with Reserve Bank's preferred capital instrument option for mutual banks
TSB has released its 2021 Annual Results, marked by a good profit lift and a shift from the internal work to 'strengthen its foundations'. But is still lags industry performance benchmarks and is gradually losing market share
10th Jun 22, 10:46am
2
TSB has released its 2021 Annual Results, marked by a good profit lift and a shift from the internal work to 'strengthen its foundations'. But is still lags industry performance benchmarks and is gradually losing market share
[updated]
Amendments to the troubled credit rule changes last year will come into force on July 7, but the NZ Bankers' Association says the 'rushed' attempt to fix the problems won't make things easier for would-be borrowers
9th Jun 22, 10:31am
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Amendments to the troubled credit rule changes last year will come into force on July 7, but the NZ Bankers' Association says the 'rushed' attempt to fix the problems won't make things easier for would-be borrowers
The Co-operative Bank records a quarterly loss as expenses, including rebates to customers, rise
2nd Jun 22, 9:34am
The Co-operative Bank records a quarterly loss as expenses, including rebates to customers, rise
The Reserve Bank will lift all restrictions on retail banks in NZ paying shareholders dividends from July
2nd Jun 22, 9:32am
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The Reserve Bank will lift all restrictions on retail banks in NZ paying shareholders dividends from July
ANZ's big profit, BNZ's super low cost to income ratio, and milestones for ANZ & ASB's mortgage books features of the big five banks' March quarter
1st Jun 22, 9:18am
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ANZ's big profit, BNZ's super low cost to income ratio, and milestones for ANZ & ASB's mortgage books features of the big five banks' March quarter
Deloitte report says Westpac NZ probe shows improvements in the bank's liquidity management after courting the Reserve Bank's wrath last year
31st May 22, 7:50am
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Deloitte report says Westpac NZ probe shows improvements in the bank's liquidity management after courting the Reserve Bank's wrath last year
RBNZ needs 'to inflict some damage on the labour market' in order to cool inflation, bank economists say
26th May 22, 10:03am
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RBNZ needs 'to inflict some damage on the labour market' in order to cool inflation, bank economists say
Gareth Vaughan looks at how and why a risk-off mindset is dominating at NZ's major banks
18th May 22, 1:52pm
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Gareth Vaughan looks at how and why a risk-off mindset is dominating at NZ's major banks
BNZ's Stephen Toplis argues the labour market is causing RBNZ monetary policy more problems than the highest inflation in 30 years
18th May 22, 12:40pm
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BNZ's Stephen Toplis argues the labour market is causing RBNZ monetary policy more problems than the highest inflation in 30 years
Possible ANZ NZ anti-money laundering breaches referred to the Reserve Bank’s enforcement team
11th May 22, 5:00pm
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Possible ANZ NZ anti-money laundering breaches referred to the Reserve Bank’s enforcement team
Westpac NZ CEO Catherine McGrath says level of engagement and discussion with RBNZ now 'really good' after bank copped serves from the regulator last year
10th May 22, 9:48am
Westpac NZ CEO Catherine McGrath says level of engagement and discussion with RBNZ now 'really good' after bank copped serves from the regulator last year
ANZ NZ CEO says NZ's biggest bank to be ready for new RBNZ outsourcing requirements ahead of schedule, but would've liked to spend the money on customer services
9th May 22, 4:44pm
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ANZ NZ CEO says NZ's biggest bank to be ready for new RBNZ outsourcing requirements ahead of schedule, but would've liked to spend the money on customer services
[updated]
Westpac NZ interim profit falls 5% with net interest margin down eight basis points
9th May 22, 9:58am
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Westpac NZ interim profit falls 5% with net interest margin down eight basis points
CEO Dan Huggins says despite the weaker housing market, BNZ retains the appetite to grow lending; - responsibly
6th May 22, 10:35am
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CEO Dan Huggins says despite the weaker housing market, BNZ retains the appetite to grow lending; - responsibly
Reserve Bank says house prices will become sustainable if the 10% price drop it's forecasting over the next two years occurs
5th May 22, 11:37am
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Reserve Bank says house prices will become sustainable if the 10% price drop it's forecasting over the next two years occurs
As the ANZ Group eyes splitting its bank and non-bank businesses into two, CEO Shayne Elliott, citing the example of Macquarie, sees no limit to the potential size of the non-bank group
5th May 22, 10:55am
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As the ANZ Group eyes splitting its bank and non-bank businesses into two, CEO Shayne Elliott, citing the example of Macquarie, sees no limit to the potential size of the non-bank group
[updated]
Half-year profit increases to $709 million for BNZ as income grows and expenses fall
5th May 22, 10:29am
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Half-year profit increases to $709 million for BNZ as income grows and expenses fall
RBNZ expects always-on retail payments next year, to stress test banks on rising interest rates & climate change, will consult on cyber data collection
5th May 22, 9:50am
RBNZ expects always-on retail payments next year, to stress test banks on rising interest rates & climate change, will consult on cyber data collection
Live-streamed video from the May 2022 RBNZ Financial Stability Report press conference with Governor Adrian Orr
4th May 22, 10:50am
Live-streamed video from the May 2022 RBNZ Financial Stability Report press conference with Governor Adrian Orr
[updated]
Record half-year profit for ANZ NZ as it grows its share of the home loan market. Aussie parent eyes group restructure
4th May 22, 10:02am
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Record half-year profit for ANZ NZ as it grows its share of the home loan market. Aussie parent eyes group restructure