TSB
As the Commerce Commission's banking market study gets underway, Gareth Vaughan looks at the impact of regulation on competition
14th Jul 23, 8:32am
3
As the Commerce Commission's banking market study gets underway, Gareth Vaughan looks at the impact of regulation on competition
Rebecca Stevenson says as a customer, TSB feels like a small bank stuck in a hard place
8th Jul 23, 9:09am
37
Rebecca Stevenson says as a customer, TSB feels like a small bank stuck in a hard place
TSB seeks new CEO to support vision of being 'the easiest bank to deal with' who is 'culturally aligned' with its community values
1st Jul 23, 9:16am
5
TSB seeks new CEO to support vision of being 'the easiest bank to deal with' who is 'culturally aligned' with its community values
TSB chief Donna Cooper is departing from the role less than a week after the bank reported a 48% drop in profits
27th Jun 23, 9:09am
TSB chief Donna Cooper is departing from the role less than a week after the bank reported a 48% drop in profits
TSB's annual profit falls 48% with surge in expenses, including provisions, outweighing rising income
22nd Jun 23, 9:36am
4
TSB's annual profit falls 48% with surge in expenses, including provisions, outweighing rising income
Banks raise housing, business & agriculture loan provisions, have work to do on regulatory capital, see returns on equity fall
6th Jun 23, 7:37am
1
Banks raise housing, business & agriculture loan provisions, have work to do on regulatory capital, see returns on equity fall
Co-operative Bank, TSB top, Westpac bottom in Consumer NZ satisfaction survey
Co-operative Bank sees nothing to fear in taking on the big Australian banks
Labour market pressures hit banks as annual personnel costs rise almost $250 million
15th Mar 23, 10:18am
5
Labour market pressures hit banks as annual personnel costs rise almost $250 million
[updated]
Fisher Funds buying Kiwi Wealth to become third biggest KiwiSaver provider, will seek to retain default provider status
15th Aug 22, 11:08am
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Fisher Funds buying Kiwi Wealth to become third biggest KiwiSaver provider, will seek to retain default provider status
Just as the RBNZ is about to raise the OCR again, fixed rates for home loans continue their falls. Now no bank has a one year rate over 5%
11th Aug 22, 12:12pm
14
Just as the RBNZ is about to raise the OCR again, fixed rates for home loans continue their falls. Now no bank has a one year rate over 5%
[updated]
More banks lower home loan interest rates, some sharply, and one also raised its term deposit offers. Market share defence in a quiet housing market is squeezing banks hard
4th Aug 22, 9:24am
46
More banks lower home loan interest rates, some sharply, and one also raised its term deposit offers. Market share defence in a quiet housing market is squeezing banks hard
Now ANZ joins the mortgage rate cuts as wholesale rates continue their retreat. These reductions by NZ's largest home loan lender come just two weeks before another expected RBNZ rate hike, but global markets are the driving force
2nd Aug 22, 5:17pm
33
Now ANZ joins the mortgage rate cuts as wholesale rates continue their retreat. These reductions by NZ's largest home loan lender come just two weeks before another expected RBNZ rate hike, but global markets are the driving force
As borrowers shift their sights to longer fixed terms, Kiwibank trims its one year rate to a very competitive level. In the background swap rates rose, then fell sharply over the past week or so
1st Aug 22, 8:27am
32
As borrowers shift their sights to longer fixed terms, Kiwibank trims its one year rate to a very competitive level. In the background swap rates rose, then fell sharply over the past week or so
ASB the last main bank to follow ANZ down with a cut to its 2yr fixed home loan rate offer, cuts 1yr rate too. Challenger banks make changes as well, leaving TSB with the most competitive full rate card
8th Jul 22, 9:31am
27
ASB the last main bank to follow ANZ down with a cut to its 2yr fixed home loan rate offer, cuts 1yr rate too. Challenger banks make changes as well, leaving TSB with the most competitive full rate card
Co-operative Bank to contact customers about potential remediation for credit contracts & consumer finance law issues later this year
1st Jul 22, 2:56pm
Co-operative Bank to contact customers about potential remediation for credit contracts & consumer finance law issues later this year
[updated]
Home loan interest rates are ratched up by two more banks, although there are signs wholesale funding costs have stopped rising
27th Jun 22, 10:08am
18
Home loan interest rates are ratched up by two more banks, although there are signs wholesale funding costs have stopped rising
TSB has released its 2021 Annual Results, marked by a good profit lift and a shift from the internal work to 'strengthen its foundations'. But is still lags industry performance benchmarks and is gradually losing market share
10th Jun 22, 10:46am
2
TSB has released its 2021 Annual Results, marked by a good profit lift and a shift from the internal work to 'strengthen its foundations'. But is still lags industry performance benchmarks and is gradually losing market share
Co-op Bank No. 1, People's Choice gong for TSB, Kiwibank customers experiencing problems, ANZ customers least satisfied with value for money, Westpac dead last in consumer satisfaction survey
18th Apr 22, 8:45am
5
Co-op Bank No. 1, People's Choice gong for TSB, Kiwibank customers experiencing problems, ANZ customers least satisfied with value for money, Westpac dead last in consumer satisfaction survey
NZ-owned banks again top Consumer NZ's customer satisfaction survey with Westpac & ANZ bringing up the rear
13th Apr 22, 10:08am
4
NZ-owned banks again top Consumer NZ's customer satisfaction survey with Westpac & ANZ bringing up the rear
Banks have talked the talk on reducing fees over the past two years. Have their actions matched this?
17th Mar 22, 5:00am
3
Banks have talked the talk on reducing fees over the past two years. Have their actions matched this?
Banks are offering substantial mortgage 'cashback' rewards of up to $5000, but they may be yours for the asking from other banks too, even if not advertised
12th Mar 22, 9:10am
16
Banks are offering substantial mortgage 'cashback' rewards of up to $5000, but they may be yours for the asking from other banks too, even if not advertised
The nation's largest home loan lender takes a chance and pulls up some key home loan rates, with most of its fixed term offers now higher than all, probably hoping its main rivals will follow soon
14th Feb 22, 8:13pm
33
The nation's largest home loan lender takes a chance and pulls up some key home loan rates, with most of its fixed term offers now higher than all, probably hoping its main rivals will follow soon
Challenger banks make changes to some key home loan rates, some up as expected, others down unexpectedly
14th Feb 22, 10:37am
6
Challenger banks make changes to some key home loan rates, some up as expected, others down unexpectedly
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest
3rd Feb 22, 10:43am
27
The flat-lining of the two year wholesale swap rate has allowed a few banks to trim a mortgage rate for a competitive advantage in the meantime. TSB is the latest