SBS Bank
A new low mortgage rate launched at 2.45% for one year fixed, by HSBC. And every fixed rate offered for their Premier customers is now market-leading
20th Jul 20, 10:40am
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A new low mortgage rate launched at 2.45% for one year fixed, by HSBC. And every fixed rate offered for their Premier customers is now market-leading
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
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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
ASB tests the low end of term deposit offer ranges with a range of cuts up to -20 bps. Other banks sure to follow and loan demand is expected to dive and mortgage rates fall
27th Mar 20, 9:55am
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ASB tests the low end of term deposit offer ranges with a range of cuts up to -20 bps. Other banks sure to follow and loan demand is expected to dive and mortgage rates fall
Interest rate changes are now fast-moving and volatile, at both the wholesale and retail levels. We update what that means for term deposit investors
21st Mar 20, 4:24pm
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Interest rate changes are now fast-moving and volatile, at both the wholesale and retail levels. We update what that means for term deposit investors
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
Annual advertising spending by New Zealand banks increased by more than a quarter in 2019 with all four major banks recording increases
TSB acts to fix areas of its AML/CFT programme 'requiring improvement' and increases minimum capital requirement after regulatory capital errors came to light
5th Dec 19, 4:47pm
TSB acts to fix areas of its AML/CFT programme 'requiring improvement' and increases minimum capital requirement after regulatory capital errors came to light
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
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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
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
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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
While mortgage bankers assess the wholesale money moves and await RBNZ rate and policy signals, at least one more bank is rolling out a cash incentive to get borrowers to switch
8th Nov 19, 4:37pm
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While mortgage bankers assess the wholesale money moves and await RBNZ rate and policy signals, at least one more bank is rolling out a cash incentive to get borrowers to switch
The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals
24th Oct 19, 4:33pm
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The next move lower for home loan rates is a minor tweak, this time by Kiwibank, and the main features are that it just matches rate levels of its main rivals
Another major bank adds momentum to the drift lower for term deposit rates, comfortable to be sitting lower than some key rivals. Now most of the OCR cuts have hit savers
24th Oct 19, 9:46am
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Another major bank adds momentum to the drift lower for term deposit rates, comfortable to be sitting lower than some key rivals. Now most of the OCR cuts have hit savers
The re-emergence of cash-back home loan incentives in public mortgage advertising heralds an elevated drive for business by a number of banks
21st Oct 19, 1:49pm
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The re-emergence of cash-back home loan incentives in public mortgage advertising heralds an elevated drive for business by a number of banks
A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too
21st Oct 19, 5:02am
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A NZ-owned challenger bank bursts into contention with a 3.39% two year fixed home loan rate, plus a cash-back incentive. Other banks eye cashbacks too
This week BNZ, Kiwibank and Rabobank have cut term deposit rates and a 3% offer is only available from SBS Bank now. We update where term deposit rates are being pitched in this ever-declining space
17th Oct 19, 12:37pm
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This week BNZ, Kiwibank and Rabobank have cut term deposit rates and a 3% offer is only available from SBS Bank now. We update where term deposit rates are being pitched in this ever-declining space
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
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ANZ follows rivals with reductions to some credit card purchase interest rates, however most banks still have cash advance rates above 20%
TSB CEO Donna Cooper 'feeling positive' about talks with the RBNZ seeking changes to the regulator's proposals for tougher bank regulatory capital requirements
29th Aug 19, 7:48am
TSB CEO Donna Cooper 'feeling positive' about talks with the RBNZ seeking changes to the regulator's proposals for tougher bank regulatory capital requirements
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
The country's key smaller banks deliver a weaker collective financial performance in the June quarter this year compared to the 2018 June quarter
Challenger bank SBS trims its key home loan rates to current levels to stay in touch with a falling market, with more evidence that most banks will match the lowest rate on offer, provided your financials are good
24th Aug 19, 11:12am
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Challenger bank SBS trims its key home loan rates to current levels to stay in touch with a falling market, with more evidence that most banks will match the lowest rate on offer, provided your financials are good
SBS Bank makes a small trim to its key mortgage rate offers, taking two of them down to market-leading levels. However, the whole home loan market is awaiting an RBNZ rate cut and assessing the impact of sharp swap rate drops
3rd Aug 19, 10:21am
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SBS Bank makes a small trim to its key mortgage rate offers, taking two of them down to market-leading levels. However, the whole home loan market is awaiting an RBNZ rate cut and assessing the impact of sharp swap rate drops
The Cooperative Bank cuts home loan rates to remain a good option in the fiercely competitive mortgage market. But they also have trimmed term deposit and savings rates to allow that
30th Jul 19, 4:51pm
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The Cooperative Bank cuts home loan rates to remain a good option in the fiercely competitive mortgage market. But they also have trimmed term deposit and savings rates to allow that
Although wholesale rates have bounced up after reaching record lows recently, banks continue to adjust their mortgage rates down. This time the cuts came with a matching term deposit rate cut
15th Jul 19, 10:23am
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Although wholesale rates have bounced up after reaching record lows recently, banks continue to adjust their mortgage rates down. This time the cuts came with a matching term deposit rate cut
CEO Shaun Drylie says SBS Bank's looking to assist with a gap in the market for reverse mortgages, which he expects there to be a growing need for in New Zealand
7th Jun 19, 5:00am
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CEO Shaun Drylie says SBS Bank's looking to assist with a gap in the market for reverse mortgages, which he expects there to be a growing need for in New Zealand
SBS Bank CEO Shaun Drylie hopeful the mutually owned building society will gain RBNZ approval for a Tier 1 capital instrument to help it meet the regulator's bank capital proposals
6th Jun 19, 5:00am
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SBS Bank CEO Shaun Drylie hopeful the mutually owned building society will gain RBNZ approval for a Tier 1 capital instrument to help it meet the regulator's bank capital proposals
The latest offer from state-owned Kiwibank pushes the one year fixed rate down to 3.85% - and is accompanied by matching term deposit rates cuts
27th May 19, 5:02am
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The latest offer from state-owned Kiwibank pushes the one year fixed rate down to 3.85% - and is accompanied by matching term deposit rates cuts
Seven of the eleven banks in the home loan business are offering a 3.89% fixed rate contract as both deposit rates and wholesale rates slide inexorably lower
25th May 19, 7:23am
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Seven of the eleven banks in the home loan business are offering a 3.89% fixed rate contract as both deposit rates and wholesale rates slide inexorably lower