SBS Bank

27 Feb 17, 10:11am
Lending growth outpaces deposit growth at The Co-operative Bank, SBS Bank and TSB Bank
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25 Feb 17, 9:44am
Higher home loan rates are announced by SBS Bank and these include a rise in their floating rate. Four 'specials' are increased too
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29 Jan 17, 11:25am
SBS Bank slips into line with other banks, raising it at the same time it offers term deposit savers a new hot 9 month rate
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24 Jan 17, 8:14pm
SBS Bank and the Co-operative Bank both raise mortgage rates again. The Co-operative Bank uniquely makes matching term deposit rate increases
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21 Jan 17, 3:16pm
SBS Bank drops its one year home loan rate by -10 bps to a market-leading 4.19%, raises other 'special rates. Sovereign also raises rates
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23 Dec 16, 3:08pm
Two more banks raise carded fixed mortgage interest rates, changing who now has the market-leading home loan offers
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21 Dec 16, 1:58pm
The pace of fixed mortgage rate hikes is quickening as banks scramble to cover fast-rising wholesale money costs. Westpac's hike not matched by term deposit rises
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19 Dec 16, 8:20pm
New Zealand's largest home loan lender hikes all mortgage rates of 18 months and longer by about +15 bps, following wholesale rate rises
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5 Dec 16, 2:51pm
Lending comfortably outstrips deposit growth in the September quarter at all of The Co-operative Bank, SBS Bank and TSB Bank
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30 Nov 16, 5:35pm
Savers tempted with higher rates across the board by a smaller retail bank. Another term gets a 4% offer, this SBS Bank one at 3 years
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27 Oct 16, 2:40pm
The withdrawal of the 3.79% two year mortgage 'special' reflects rising pressure on banks wholesale and retail funding sources as money costs turn up from their historic low levels
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3 Oct 16, 11:28am
Some green shoots of competition start to show in short term deposit rates, with one 9 month rate as high as others offer for five years
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2 Sep 16, 10:17am
Lending growth, driven by home loans, rises strongly at the Co-operative Bank, SBS Bank & TSB Bank
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26 Jun 16, 1:34pm
Wholesale rates may be falling fast toward record lows but risk premiums are rising. Mortgage rates may fall, but it is unlikely to be in the next week or two, although Kiwibank cuts today
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24 Jun 16, 9:57am
SBS Bank sees massive rise in annual residential mortgage and consumer lending, but net interest margin contracts
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14 Jun 16, 5:00pm
Shaun Drylie, who 'successfully' led ASB's home loan operations through the RBNZ's introduction of LVR restrictions in 2013, named new SBS CEO
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22 May 16, 9:05am
The difference between the lowest and highest mortgage rates are now at their widest of the year. The pressure builds on banks who haven't responded
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18 May 16, 4:00pm
A review of things you need to know before you go home on Wednesday; mortgage and TD rate cuts, confidence dented, more irrigation funds, big resource consent fine, swaps inch up, NZD unchanged
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17 May 16, 4:00pm
A review of things you need to know before you go home on Tuesday; BNZ & TSB cut td/savings accounts, inflation expectations stable, IRD ready for online GST, swap rates rise, NZD rises
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12 May 16, 9:38am
A second major bank slices 20 bps off a key mortgage rate as wholesale money costs fall to near record lows. But it ends its 3 year 'special'
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