The Co-operative Bank

12th Nov 20, 9:40am
The RBNZ delaying moves to level capital playing field with Aussie owned banks disappoints NZ owned banks, and exclusion from the Funding for Lending Programme disappoints building societies and credit unions
The RBNZ delaying moves to level capital playing field with Aussie owned banks disappoints NZ owned banks, and exclusion from the Funding for Lending Programme disappoints building societies and credit unions
12th Nov 20, 9:40am
26th Aug 20, 9:49am
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
New Zealand's big five banks felt the icy blast of COVID-19 during the June quarter, with profits and net interest margins down, and cost-to-income ratios and non-performing loans up
26th Aug 20, 9:49am
2nd Jun 20, 9:53am
Reserve Bank data shows just how significant the initial impact of the COVID-19 crisis has been on New Zealand banks, with smaller NZ owned banks hit hardest
Reserve Bank data shows just how significant the initial impact of the COVID-19 crisis has been on New Zealand banks, with smaller NZ owned banks hit hardest
2nd Jun 20, 9:53am
8th Apr 20, 9:58am
The Co-operative Bank says it won't be paying customer-members' rebates this year following RBNZ move to halt bank dividends in response to economic fallout from the COVID-19 pandemic
The Co-operative Bank says it won't be paying customer-members' rebates this year following RBNZ move to halt bank dividends in response to economic fallout from the COVID-19 pandemic
8th Apr 20, 9:58am
7th Feb 20, 9:16am
Annual advertising spending by New Zealand banks increased by more than a quarter in 2019 with all four major banks recording increases
Annual advertising spending by New Zealand banks increased by more than a quarter in 2019 with all four major banks recording increases
7th Feb 20, 9:16am
3rd Dec 19, 5:00am
Gareth Vaughan details six key changes proposed by the RBNZ in its bank capital review ahead of the release of the final decisions in its broadest ever review of bank regulatory capital requirements on Thursday
Gareth Vaughan details six key changes proposed by the RBNZ in its bank capital review ahead of the release of the final decisions in its broadest ever review of bank regulatory capital requirements on Thursday
3rd Dec 19, 5:00am
2nd Dec 19, 12:10pm
Kiwibank economists say one 'perverse' impact of the RBNZ's forthcoming capital proposals could be that banks focus on residential mortgages at the expense of business lending
Kiwibank economists say one 'perverse' impact of the RBNZ's forthcoming capital proposals could be that banks focus on residential mortgages at the expense of business lending
2nd Dec 19, 12:10pm
4th Sep 19, 10:17am
ANZ follows rivals with reductions to some credit card purchase interest rates, however most banks still have cash advance rates above 20%
ANZ follows rivals with reductions to some credit card purchase interest rates, however most banks still have cash advance rates above 20%
4th Sep 19, 10:17am
28th Aug 19, 9:36am
The country's key smaller banks deliver a weaker collective financial performance in the June quarter this year compared to the 2018 June quarter
The country's key smaller banks deliver a weaker collective financial performance in the June quarter this year compared to the 2018 June quarter
28th Aug 19, 9:36am
23rd May 19, 5:00am
Kiwibank, Co-op Bank, SBS & TSB welcome proposed RBNZ changes to level the capital playing field, but want access to a wide range of capital sources warning as currently proposed the RBNZ plans are unworkable for small banks
Kiwibank, Co-op Bank, SBS & TSB welcome proposed RBNZ changes to level the capital playing field, but want access to a wide range of capital sources warning as currently proposed the RBNZ plans are unworkable for small banks
23rd May 19, 5:00am
11th May 19, 9:46am
Business lobby group BusinessNZ is dismissive of the RBNZ's bank capital proposals yet NZ owned banks argue they would bolster their competitive position vs their big Aussie owned rivals. So why the disconnect?
Business lobby group BusinessNZ is dismissive of the RBNZ's bank capital proposals yet NZ owned banks argue they would bolster their competitive position vs their big Aussie owned rivals. So why the disconnect?
11th May 19, 9:46am
29th Apr 19, 4:03pm
Low-risk home, car and contents policyholders to stop subsidising high-risk customers as IAG ups the ante on risk-based pricing; Company denies move is a money grab
Low-risk home, car and contents policyholders to stop subsidising high-risk customers as IAG ups the ante on risk-based pricing; Company denies move is a money grab
29th Apr 19, 4:03pm
10th Apr 19, 5:34pm
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
Bank CEO says meeting new regulatory requirements by removing pay incentives linked to sales resulted in an initial drop in sales of up to 20%
10th Apr 19, 5:34pm
14th Feb 19, 5:00am
KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers
KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers
14th Feb 19, 5:00am
[Updated]
23rd Jan 19, 5:00am
Against the backdrop of the RBNZ's bank capital review, Gareth Vaughan details the advantageous position NZ's Aussie owned banks have over their rivals & how this may change
[Updated]
Against the backdrop of the RBNZ's bank capital review, Gareth Vaughan details the advantageous position NZ's Aussie owned banks have over their rivals & how this may change
23rd Jan 19, 5:00am
17th Dec 18, 5:14pm
Gareth Vaughan details how the RBNZ's proposals for NZ banks to hold more capital are a victory for the smaller NZ owned banks over their much bigger Aussie owned rivals
Gareth Vaughan details how the RBNZ's proposals for NZ banks to hold more capital are a victory for the smaller NZ owned banks over their much bigger Aussie owned rivals
17th Dec 18, 5:14pm
11th Dec 18, 5:00am
Credit card market 'a real area of customer harm', says The Co-operative Bank's CEO David Cunningham
Credit card market 'a real area of customer harm', says The Co-operative Bank's CEO David Cunningham
11th Dec 18, 5:00am
7th Dec 18, 12:12pm
CEO David Cunningham says The Co-operative Bank is working on alternative incentive options for staff after FMA told banks 'thou shalt not have sales incentives'
CEO David Cunningham says The Co-operative Bank is working on alternative incentive options for staff after FMA told banks 'thou shalt not have sales incentives'
7th Dec 18, 12:12pm
6th Dec 18, 10:09am
Co-operative Bank CEO David Cunningham says sub-4% home loan rates unsustainable unless deposit rates fall about 50 basis points
Co-operative Bank CEO David Cunningham says sub-4% home loan rates unsustainable unless deposit rates fall about 50 basis points
6th Dec 18, 10:09am
4th Dec 18, 3:30pm
Co-op Bank, SBS, TSB, Heartland and Rabobank all deliver lending and deposit growth in the September quarter
Co-op Bank, SBS, TSB, Heartland and Rabobank all deliver lending and deposit growth in the September quarter
4th Dec 18, 3:30pm
[Updated]
21st Nov 18, 12:49pm
ASB, like BNZ and The Co-operative Bank, adopts facial recognition technology to enable new customers to apply for a bank account in 15 minutes without entering a branch 
[Updated]
ASB, like BNZ and The Co-operative Bank, adopts facial recognition technology to enable new customers to apply for a bank account in 15 minutes without entering a branch 
21st Nov 18, 12:49pm
12th Sep 18, 12:15pm
Credit rating agency has stable outlook for regional New Zealand banks despite pressures
Credit rating agency has stable outlook for regional New Zealand banks despite pressures
12th Sep 18, 12:15pm
28th Aug 18, 11:08am
Financial performance and lending growth steady across The Co-operative Bank, SBS, TSB, Heartland, and Rabobank during the June quarter
Financial performance and lending growth steady across The Co-operative Bank, SBS, TSB, Heartland, and Rabobank during the June quarter
28th Aug 18, 11:08am
7th Mar 18, 11:26am
Small NZ owned banks again grow mortgage lending faster than the major banks
Small NZ owned banks again grow mortgage lending faster than the major banks
7th Mar 18, 11:26am
30th Nov 17, 8:24am
A 325% debt-to-disposable income ratio, loans to prop up dairy farms, NZ's net external liability position at its lowest level since the 1980s, 50% housing loan growth in just 2 years & more
A 325% debt-to-disposable income ratio, loans to prop up dairy farms, NZ's net external liability position at its lowest level since the 1980s, 50% housing loan growth in just 2 years & more
30th Nov 17, 8:24am

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