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Building Societies

Banks may have profited by $2b on customer call accounts through RBNZ using settlement accounts for its LSAP programme, consultant tells Commerce Commission
17th Feb 24, 9:40am
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Banks may have profited by $2b on customer call accounts through RBNZ using settlement accounts for its LSAP programme, consultant tells Commerce Commission
KPMG's annual survey of non-bank lenders shows the impact of rising funding costs
13th Dec 23, 7:42am
KPMG's annual survey of non-bank lenders shows the impact of rising funding costs
SBS Bank's consumer lending subsidiary Finance Now lifts lending above $1 billion for the first time
1st Dec 23, 11:38am
SBS Bank's consumer lending subsidiary Finance Now lifts lending above $1 billion for the first time
Retirement Commission 'de-jargoning money' guide suggests use of 'debt' instead of 'credit' & 'end date' instead of 'maturity'
1st Jun 23, 11:46am
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Retirement Commission 'de-jargoning money' guide suggests use of 'debt' instead of 'credit' & 'end date' instead of 'maturity'
Annual lending at SBS Bank's Finance Now surges, with car loans leading the way
31st May 23, 9:48am
Annual lending at SBS Bank's Finance Now surges, with car loans leading the way
Parliament committee proposes making the Deposit Takers Bill more friendly to smaller non-bank financial institutions
12th Apr 23, 4:13pm
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Parliament committee proposes making the Deposit Takers Bill more friendly to smaller non-bank financial institutions
RBNZ points non-bank deposit takers grumpy about a lack of liquidity access to its settlement account access review
10th Mar 23, 1:08pm
RBNZ points non-bank deposit takers grumpy about a lack of liquidity access to its settlement account access review
Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
8th Mar 23, 11:59am
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Against the backdrop of a possible Commerce Commission probe into banking competition, Gareth Vaughan looks at how the actions & inactions of NZ authorities have helped maintain the dominance of the big four banks
Huge year for non-bank financial institution sector but clouds may be gathering
14th Dec 22, 7:51am
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Huge year for non-bank financial institution sector but clouds may be gathering
SBS Bank says it may face customer remediation payments or Commerce Commission action over credit contracts and consumer finance related issues
28th Nov 22, 9:17am
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SBS Bank says it may face customer remediation payments or Commerce Commission action over credit contracts and consumer finance related issues
Reserve Bank may apply macro-prudential tools to non-bank deposit takers but isn't concerned about the growth of non-deposit taking lenders
16th Nov 22, 9:44am
Reserve Bank may apply macro-prudential tools to non-bank deposit takers but isn't concerned about the growth of non-deposit taking lenders
Financial Services Federation unimpressed with National Party proposal to favour banks over its finance company, building society & credit union members
26th Sep 22, 10:12am
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Financial Services Federation unimpressed with National Party proposal to favour banks over its finance company, building society & credit union members
SBS Bank happy with Reserve Bank's preferred capital instrument option for mutual banks
12th Jun 22, 2:44pm
SBS Bank happy with Reserve Bank's preferred capital instrument option for mutual banks
Government looking at enacting Building Societies Act changes later this year to stop New Zealand registered building societies from operating overseas
7th Mar 22, 2:24pm
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Government looking at enacting Building Societies Act changes later this year to stop New Zealand registered building societies from operating overseas
Banks have tapped into the Reserve Bank's Funding for Lending Programme to the tune of more than $8 billion to date
2nd Mar 22, 11:55am
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Banks have tapped into the Reserve Bank's Funding for Lending Programme to the tune of more than $8 billion to date
How has the composition of NZ's top 10 non-bank financial institutions changed over the past decade and does this say anything about the economy?
18th Dec 21, 8:03am
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How has the composition of NZ's top 10 non-bank financial institutions changed over the past decade and does this say anything about the economy?
SBS Bank names Mark McLean, currently general manager for member experience, its new CEO to succeed the departing Shaun Drylie
5th Nov 21, 1:29pm
SBS Bank names Mark McLean, currently general manager for member experience, its new CEO to succeed the departing Shaun Drylie
SBS Bank focusing on first home buyer, consumer and reverse equity lending as it calls time on rural lending and pulls back on commercial lending
4th Jun 21, 10:03am
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SBS Bank focusing on first home buyer, consumer and reverse equity lending as it calls time on rural lending and pulls back on commercial lending
Gareth Vaughan argues the Reserve Bank's COVID-19 response is tilting the playing field in favour of banks at the expense of non-bank deposit takers
23rd Nov 20, 12:01pm
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Gareth Vaughan argues the Reserve Bank's COVID-19 response is tilting the playing field in favour of banks at the expense of non-bank deposit takers
RBNZ Deputy Governor Geoff Bascand says the prudential regulator can't direct banks to lend funds from its Funding for Lending Programme to a particular sector
13th Nov 20, 10:31am
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RBNZ Deputy Governor Geoff Bascand says the prudential regulator can't direct banks to lend funds from its Funding for Lending Programme to a particular sector
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
25th Aug 20, 2:48pm
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Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
Credit unions and building societies are battling away, serving regional New Zealand during these tough times. Could the Provincial Growth Fund, or the RBNZ, help them shore their positions up and even grow?
27th Jun 20, 9:31am
3
Credit unions and building societies are battling away, serving regional New Zealand during these tough times. Could the Provincial Growth Fund, or the RBNZ, help them shore their positions up and even grow?
Commerce Commission looking at COVID-19 'mortgage holidays' through CCCFA lens, what RBNZ capital concession means & what about non-bank deposit takers?
31st Mar 20, 2:01pm
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Commerce Commission looking at COVID-19 'mortgage holidays' through CCCFA lens, what RBNZ capital concession means & what about non-bank deposit takers?
Mortgage holders may need to wait until next week before banks make 6-month payment holiday available; Grant Robertson 'actively working' on extending scheme to building societies
26th Mar 20, 5:39pm
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Mortgage holders may need to wait until next week before banks make 6-month payment holiday available; Grant Robertson 'actively working' on extending scheme to building societies
Gareth Vaughan details the curious situation of companies kicked off NZ's Financial Service Providers' Register effectively because they're deemed to be bringing NZ's reputation into disrepute overseas, being allowed to remain as registered NZ companies
26th Nov 19, 8:00am
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Gareth Vaughan details the curious situation of companies kicked off NZ's Financial Service Providers' Register effectively because they're deemed to be bringing NZ's reputation into disrepute overseas, being allowed to remain as registered NZ companies