SBS Bank

What plans, if any, do the small NZ-owned banks have where open banking's concerned?

What plans, if any, do the small NZ-owned banks have where open banking's concerned?

ASB now offers the Kāinga Ora low deposit First Home Loan, boosted with a cashback. But borrowers face a hefty Lenders Mortgage Insurance

ASB now offers the Kāinga Ora low deposit First Home Loan, boosted with a cashback. But borrowers face a hefty Lenders Mortgage Insurance

Finance Now working with Visa and others in open-loop payment system for vehicle fleet management

Finance Now working with Visa and others in open-loop payment system for vehicle fleet management

ANZ is the first mover after the -50 bps OCR cut, passing on -40 bps to floating rate borrowers, Westpac only passes on -30 bps, ASB & BNZ go -30 bps too. By Kiwibank it is -35 bps

ANZ is the first mover after the -50 bps OCR cut, passing on -40 bps to floating rate borrowers, Westpac only passes on -30 bps, ASB & BNZ go -30 bps too. By Kiwibank it is -35 bps

The Cooperative Bank kicks off the latest round of floating home loan rate reductions with matching cuts to variable rates and savings account rates. ANZ follows with a lesser cut, Westpac too. Now Kiwibank

The Cooperative Bank kicks off the latest round of floating home loan rate reductions with matching cuts to variable rates and savings account rates. ANZ follows with a lesser cut, Westpac too. Now Kiwibank

SBS Bank cuts its first home buyer 'Combo' rate to 3.99%, its lowest rate since May 2022

SBS Bank cuts its first home buyer 'Combo' rate to 3.99%, its lowest rate since May 2022

To understand bank profitability, it helps to understand the net interest margin. Banks are commodity businesses and small margin movements make a big difference. Big is always better in any commodity business

To understand bank profitability, it helps to understand the net interest margin. Banks are commodity businesses and small margin movements make a big difference. Big is always better in any commodity business

BNZ jumped the gun with a -25 bps floating rate cut, ANZ, ASB only cut -20 bps, and now Westpac only passes on -15 bps of the OCR cut, as does Kiwibank

BNZ jumped the gun with a -25 bps floating rate cut, ANZ, ASB only cut -20 bps, and now Westpac only passes on -15 bps of the OCR cut, as does Kiwibank

Joint submission from 5 banks asks MPs for level capital playing field with big 4 banks

Joint submission from 5 banks asks MPs for level capital playing field with big 4 banks

SBS Bank joins other banks in cutting its mortgage serviceability test rate

SBS Bank joins other banks in cutting its mortgage serviceability test rate

KPMG's annual Financial Institutions Performance Survey notes the 'challenge' of loan provisioning

KPMG's annual Financial Institutions Performance Survey notes the 'challenge' of loan provisioning

SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete

SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete

ASB and Kiwibank lead way in September quarter housing lending growth

ASB and Kiwibank lead way in September quarter housing lending growth

ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates

ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates

S&P Global Ratings raises its issuer credit rating on Liberty Financial by one notch to BBB, matching a trio of challenger banks

S&P Global Ratings raises its issuer credit rating on Liberty Financial by one notch to BBB, matching a trio of challenger banks