bank funding costs
ANZ NZ prices five-year covered bond issue at 33 basis points over euro swap rate
4th Feb 19, 2:56pm
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ANZ NZ prices five-year covered bond issue at 33 basis points over euro swap rate
BNZ interest rate strategist Nick Smyth has a crunch of the detail of the RBNZ's new bank capital proposals; says bank funding costs will increase but the RBNZ may offset future increases in lending rates with delays to OCR rises, or even cuts
19th Dec 18, 4:48pm
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BNZ interest rate strategist Nick Smyth has a crunch of the detail of the RBNZ's new bank capital proposals; says bank funding costs will increase but the RBNZ may offset future increases in lending rates with delays to OCR rises, or even cuts
KPMG's annual FIPS for the non-banking sector reports that a number of participants in its survey have noted 'quite an impact' from the new lay-buy schemes; questions over non-regulation of such schemes
17th Dec 18, 6:00pm
KPMG's annual FIPS for the non-banking sector reports that a number of participants in its survey have noted 'quite an impact' from the new lay-buy schemes; questions over non-regulation of such schemes
Co-operative Bank CEO David Cunningham says sub-4% home loan rates unsustainable unless deposit rates fall about 50 basis points
6th Dec 18, 10:09am
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Co-operative Bank CEO David Cunningham says sub-4% home loan rates unsustainable unless deposit rates fall about 50 basis points
BNZ to pay out over 10,000 customers an average of $375 each as a result of documentation errors following changes to the Credit Contracts and Consumer Finance Act (CCCFA)
5th Dec 18, 10:28am
BNZ to pay out over 10,000 customers an average of $375 each as a result of documentation errors following changes to the Credit Contracts and Consumer Finance Act (CCCFA)
ANZ NZ September quarter return on equity bounces and net interest margin dips as profit rises 5%
20th Nov 18, 12:49pm
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ANZ NZ September quarter return on equity bounces and net interest margin dips as profit rises 5%
BNZ borrows $550 million at 3.648% via five-year bond issue as Chorus seeks at least $300 million in its own bond issue
15th Nov 18, 9:31am
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BNZ borrows $550 million at 3.648% via five-year bond issue as Chorus seeks at least $300 million in its own bond issue
Ratings agency Moody's says the financial performance of our banks will continue to compare favourably with peers in other countries over the next 12-18 months despite slower credit growth and rising wholesale funding costs
4th Oct 18, 3:49pm
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Ratings agency Moody's says the financial performance of our banks will continue to compare favourably with peers in other countries over the next 12-18 months despite slower credit growth and rising wholesale funding costs
Why are NZ banks cutting mortgage rates as Aussie banks hike them, and how long might this last?
18th Sep 18, 5:00am
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Why are NZ banks cutting mortgage rates as Aussie banks hike them, and how long might this last?
ASB to pay investors 3.31% per annum for $450 million five-year bond issue
Westpac Banking Corporation experiences biggest net interest margin fall since the early 1990s as mortgage delinquencies reach 20 year high
28th Aug 18, 12:37pm
Westpac Banking Corporation experiences biggest net interest margin fall since the early 1990s as mortgage delinquencies reach 20 year high
UBS economists suggest higher funding costs may be a new structural market feature for the Australian parents of New Zealand's big four banks
31st Jul 18, 4:16pm
UBS economists suggest higher funding costs may be a new structural market feature for the Australian parents of New Zealand's big four banks
Westpac economists believe house price growth will be zero by the end of this year, which will be enough to prompt the Reserve Bank to further easing of lending restrictions
5th Jun 18, 3:39pm
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Westpac economists believe house price growth will be zero by the end of this year, which will be enough to prompt the Reserve Bank to further easing of lending restrictions
David Hargreaves sees little chance that the Reserve Bank's loan to value ratio restrictions will now ever be removed
30th May 18, 2:42pm
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David Hargreaves sees little chance that the Reserve Bank's loan to value ratio restrictions will now ever be removed
Reserve Bank says financial risks have lessened but will not be loosening LVR restrictions at this stage; will wait till November 'at least' before any loosening
30th May 18, 9:15am
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Reserve Bank says financial risks have lessened but will not be loosening LVR restrictions at this stage; will wait till November 'at least' before any loosening
Economists doubt the Reserve Bank will want to further roll back mortgage lending restrictions this week and will prefer to wait longer to see how the housing market develops this year
28th May 18, 1:49pm
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Economists doubt the Reserve Bank will want to further roll back mortgage lending restrictions this week and will prefer to wait longer to see how the housing market develops this year
ANZ NZ five-year bonds to pay investors 3.70% per annum
Housing mortgage rates are more likely to go down rather than up despite increased US dollar funding costs for New Zealand banks
12th May 18, 9:22am
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Housing mortgage rates are more likely to go down rather than up despite increased US dollar funding costs for New Zealand banks
BNZ half-year profit surges to $490 mln as lower funding costs help boost the bank's net interest margin, new CEO says BNZ is not complacent about the issues emerging from Australia
3rd May 18, 10:32am
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BNZ half-year profit surges to $490 mln as lower funding costs help boost the bank's net interest margin, new CEO says BNZ is not complacent about the issues emerging from Australia
New RBNZ Governor Adrian Orr gets an early opportunity to strike a favourable impression with the public late next month by further loosening the LVR lending restrictions
4th Apr 18, 7:45am
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New RBNZ Governor Adrian Orr gets an early opportunity to strike a favourable impression with the public late next month by further loosening the LVR lending restrictions
Gareth Vaughan takes a look at the interest rate environment for borrowers after receiving a surprise offer from his bank
27th Mar 18, 7:59am
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Gareth Vaughan takes a look at the interest rate environment for borrowers after receiving a surprise offer from his bank
Westpac New Zealand five-year bond issue drags in $550 million
22nd Mar 18, 4:41pm
Westpac New Zealand five-year bond issue drags in $550 million
Westpac NZ five-year bond pricing doesn't look too attractive for retail investors
19th Mar 18, 11:49am
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Westpac NZ five-year bond pricing doesn't look too attractive for retail investors
ANZ NZ posts big jump in quarterly profit to $520 mln, deposit growth comfortably outstrips lending growth
2nd Mar 18, 5:02am
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ANZ NZ posts big jump in quarterly profit to $520 mln, deposit growth comfortably outstrips lending growth
Fifteen key findings from KPMG's FIPS show NZ's banking sector in rude financial health, albeit past due assets have increased for the first time in eight years
14th Feb 18, 10:47am
Fifteen key findings from KPMG's FIPS show NZ's banking sector in rude financial health, albeit past due assets have increased for the first time in eight years