Business lending

Reserve Bank's latest credit conditions survey shows while mortgage demand has increased, poor economic conditions and higher unemployment rates are likely to remain headwinds

Reserve Bank's latest credit conditions survey shows while mortgage demand has increased, poor economic conditions and higher unemployment rates are likely to remain headwinds

Heartland is offering three-year reverse mortgage loans for retirees 'moving from one stage of retirement to another'

Heartland is offering three-year reverse mortgage loans for retirees 'moving from one stage of retirement to another'

Heartland’s half-year net profit drops to $3.6m, winding down home loan portfolio, eyeing retirement village product

Heartland’s half-year net profit drops to $3.6m, winding down home loan portfolio, eyeing retirement village product

Kiwibank interim profit down 12% from last year's record high, lending and deposit growth outstrips overall market growth

Kiwibank interim profit down 12% from last year's record high, lending and deposit growth outstrips overall market growth

Heartland’s $49.6m loan impairment raises concerns about its systems and policies, according to Forsyth Barr analysts who say market confidence in the bank will take time to rebuild

Heartland’s $49.6m loan impairment raises concerns about its systems and policies, according to Forsyth Barr analysts who say market confidence in the bank will take time to rebuild

Weak NZ economy and more proactive and prescriptive approach to loan arrears leads to almost $50m impairment for Heartland, shares tank

Weak NZ economy and more proactive and prescriptive approach to loan arrears leads to almost $50m impairment for Heartland, shares tank

Labour says new Economic Growth Minister should focus on helping small businesses access capital, not ‘tinker’ with digital nomad visa rules

Labour says new Economic Growth Minister should focus on helping small businesses access capital, not ‘tinker’ with digital nomad visa rules

Kiwibank says it could slash big bank profits by $1.5 billion a year if it is allowed to raise growth capital and compete at scale

Kiwibank says it could slash big bank profits by $1.5 billion a year if it is allowed to raise growth capital and compete at scale

ANZ NZ CEO Antonia Watson open to growing business and rural lending as a percentage of total lending but doesn't expect significant change

ANZ NZ CEO Antonia Watson open to growing business and rural lending as a percentage of total lending but doesn't expect significant change

Big banks 'haven't yet done a good enough job' persuading people NZ banking is competitive and their profits aren't too high, BNZ CEO Dan Huggins says

Big banks 'haven't yet done a good enough job' persuading people NZ banking is competitive and their profits aren't too high, BNZ CEO Dan Huggins says

Westpac NZ CEO Catherine McGrath says any possible bank profit tax 'not on the top of my list of things that I can do anything about'

Westpac NZ CEO Catherine McGrath says any possible bank profit tax 'not on the top of my list of things that I can do anything about'

Reserve Bank proactively publicly issues submission to parliamentary banking inquiry, defending its role

Reserve Bank proactively publicly issues submission to parliamentary banking inquiry, defending its role

BNZ's lead over ANZ NZ as New Zealand's biggest business lender grows

BNZ's lead over ANZ NZ as New Zealand's biggest business lender grows

CEO Steve Jurkovich says fresh capital of $500m would give Kiwibank a lot of runway for growth

CEO Steve Jurkovich says fresh capital of $500m would give Kiwibank a lot of runway for growth

Latest RBNZ figures show the total value of non-performing housing loans is hovering around $1.9 billion as mortgage holders look towards interest rate relief in the closing months of the year

Latest RBNZ figures show the total value of non-performing housing loans is hovering around $1.9 billion as mortgage holders look towards interest rate relief in the closing months of the year