HSBC
HSBC could quit small, non-strategic countries including New Zealand, the Financial Times suggests. HSBC NZ says business constantly reviewed but Asia will continue to be a core engine for business growth
28th May 20, 9:51am
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HSBC could quit small, non-strategic countries including New Zealand, the Financial Times suggests. HSBC NZ says business constantly reviewed but Asia will continue to be a core engine for business growth
BNZ makes further cuts to both home loan and term deposit rates, and resets its Standard mortgage rates lower across the board. The pace of reductions isn't slowing
27th May 20, 2:40pm
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BNZ makes further cuts to both home loan and term deposit rates, and resets its Standard mortgage rates lower across the board. The pace of reductions isn't slowing
HSBC grabs the 'lowest rate' mantle with sharp cuts for all terms for its Premier offers, none over 3%, and the lowest home loan rate ever at 2.60% for a one year fixed term
25th May 20, 4:03pm
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HSBC grabs the 'lowest rate' mantle with sharp cuts for all terms for its Premier offers, none over 3%, and the lowest home loan rate ever at 2.60% for a one year fixed term
BNZ rounds out the home loan rate cut trend with their own set, matching key rivals. They also made matching term deposit rate cuts
15th May 20, 9:14am
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BNZ rounds out the home loan rate cut trend with their own set, matching key rivals. They also made matching term deposit rate cuts
HSBC says it will cut fixed mortgage rates for its Premier rate card, but not until Thursday, May 21. However at this time, the signaled rates are among the most competitive for four popular terms
14th May 20, 2:53pm
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HSBC says it will cut fixed mortgage rates for its Premier rate card, but not until Thursday, May 21. However at this time, the signaled rates are among the most competitive for four popular terms
It is becoming a 2% world in the home loan sector as markets and regulators actively open up the space to cut rates further, and savers focus on 'safety' rather than 'return' for their nest eggs
13th May 20, 5:42pm
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It is becoming a 2% world in the home loan sector as markets and regulators actively open up the space to cut rates further, and savers focus on 'safety' rather than 'return' for their nest eggs
Rapid fire breaks out in the mortgage wars as combatants each aim at marginally different territory. Borrowers watch as the landscape becomes very fluid very quickly
12th May 20, 4:21pm
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Rapid fire breaks out in the mortgage wars as combatants each aim at marginally different territory. Borrowers watch as the landscape becomes very fluid very quickly
New Zealand's largest bank follows two of its main rivals down with one home loan offer of 2.99%. TSB follows, going down to 2.89%. But savers pay with large term deposit rate cuts
11th May 20, 5:46pm
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New Zealand's largest bank follows two of its main rivals down with one home loan offer of 2.99%. TSB follows, going down to 2.89%. But savers pay with large term deposit rate cuts
Kiwibank launches a one year fixed mortgage 'special' of 2.99% and is the first major lender to offer a home loan rate below 3%
7th May 20, 6:23pm
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Kiwibank launches a one year fixed mortgage 'special' of 2.99% and is the first major lender to offer a home loan rate below 3%
China Construction Bank launches a 2.80% one year fixed rate 'special', now the third bank to offer home loan rates below 3%
4th May 20, 2:07pm
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China Construction Bank launches a 2.80% one year fixed rate 'special', now the third bank to offer home loan rates below 3%
More detail unveiled on which businesses are be eligible for an 80% taxpayer-backed bank loan to get them through the COVID-19 crisis
1st Apr 20, 6:15pm
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More detail unveiled on which businesses are be eligible for an 80% taxpayer-backed bank loan to get them through the COVID-19 crisis
Fixed mortgage rate offers below 3% arrive with HSBC's Premier new one year and eighteen month rates. They cut all other fixed rates too
26th Mar 20, 8:57am
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Fixed mortgage rate offers below 3% arrive with HSBC's Premier new one year and eighteen month rates. They cut all other fixed rates too
Kiwibank make the next home loan rate reductions, and its new three year rate stands out as the lowest among their main rivals. ANZ slips further behind the pace
14th Mar 20, 10:21am
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Kiwibank make the next home loan rate reductions, and its new three year rate stands out as the lowest among their main rivals. ANZ slips further behind the pace
ASB becomes the first bank to offer all fixed rates below 4%, and now offers the lowest two year fixed rate 'special' of any major bank. These reductions come after TD rate cuts
12th Mar 20, 12:46pm
10
ASB becomes the first bank to offer all fixed rates below 4%, and now offers the lowest two year fixed rate 'special' of any major bank. These reductions come after TD rate cuts
A downbeat economic outlook is seeing more banks cut their term deposit offers and the trend is probably only just starting
12th Mar 20, 10:46am
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A downbeat economic outlook is seeing more banks cut their term deposit offers and the trend is probably only just starting
HSBC failure to disclose interest rate increase to borrowers affected 225 loans and 180 borrowers and sees bank warned and required to compensate borrowers about $7,000
10th Mar 20, 10:53am
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HSBC failure to disclose interest rate increase to borrowers affected 225 loans and 180 borrowers and sees bank warned and required to compensate borrowers about $7,000
The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates
5th Mar 20, 5:08pm
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The Red Bank takes a sharp knife to its three, four and five year fixed home loan rates, making them all much lower than their main rivals. They also trim term deposit rates
HSBC launches a new low two year fixed home loan Premier offer, the first local bank to deeply discount a mortgage rate in 2020
14th Feb 20, 9:45am
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HSBC launches a new low two year fixed home loan Premier offer, the first local bank to deeply discount a mortgage rate in 2020
BNZ strikes with a hot eighteen month fixed rate, extending the 3.39% price point out longer just after others started raising two year rates recently
29th Nov 19, 8:56am
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BNZ strikes with a hot eighteen month fixed rate, extending the 3.39% price point out longer just after others started raising two year rates recently
HSBC ends its 3.35% across-the-board mortgage rate offer, raising rates by between +19 bps and +54 bps, but still with offers that are generally competitive with the main banks
27th Nov 19, 12:28pm
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HSBC ends its 3.35% across-the-board mortgage rate offer, raising rates by between +19 bps and +54 bps, but still with offers that are generally competitive with the main banks
Chinese bank ICBC sharpens its home loan rate card with fixed rate offers as low at 3.18% and no 'special' rate above 4%, closely following its main rivals
1st Oct 19, 12:07pm
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Chinese bank ICBC sharpens its home loan rate card with fixed rate offers as low at 3.18% and no 'special' rate above 4%, closely following its main rivals
The launch of market leading home loan rates by subsidiaries of China's main banks signals a more active role in retail banking here. We profile the institutions
18th Sep 19, 3:02pm
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The launch of market leading home loan rates by subsidiaries of China's main banks signals a more active role in retail banking here. We profile the institutions
The New Zealand subsidiary of the Bank of China has launched a 3.15% rate for one and two year fixed home loan contracts, setting a new low in the New Zealand mortgage market
18th Sep 19, 6:02am
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The New Zealand subsidiary of the Bank of China has launched a 3.15% rate for one and two year fixed home loan contracts, setting a new low in the New Zealand mortgage market
Another mortgage major trims a key mortgage rate. Even if it is not a huge cut, it does drop them to the lowest level among their main rivals
16th Sep 19, 10:06am
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Another mortgage major trims a key mortgage rate. Even if it is not a huge cut, it does drop them to the lowest level among their main rivals
China Construction Bank launches a 3.19% mortgage rate for fixed terms on one, two and three years, easily the market leading offers for any home loan
11th Sep 19, 8:07am
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China Construction Bank launches a 3.19% mortgage rate for fixed terms on one, two and three years, easily the market leading offers for any home loan