Business lending
Document reveals Treasury - like National - wanted the RBNZ to put conditions on its Funding for Lending Programme to direct cheap funding to businesses
22nd Feb 21, 9:00am
18
Document reveals Treasury - like National - wanted the RBNZ to put conditions on its Funding for Lending Programme to direct cheap funding to businesses
All the real official signals lenders get encourage them to lend for housing, and disincentive them lending to the productive economy - no matter what the officials may say. This raises real dangers says David Chaston
29th Nov 20, 6:31am
216
All the real official signals lenders get encourage them to lend for housing, and disincentive them lending to the productive economy - no matter what the officials may say. This raises real dangers says David Chaston
As of July 31 a total of $73.7 billion of bank loans were receiving some form of COVID-19 related relief. Gareth Vaughan speculates on what might happen to banks' non-performing loan ratios when the deferral scheme eventually ends
6th Sep 20, 6:02am
58
As of July 31 a total of $73.7 billion of bank loans were receiving some form of COVID-19 related relief. Gareth Vaughan speculates on what might happen to banks' non-performing loan ratios when the deferral scheme eventually ends
Kiwibank chief economist Jarrod Kerr walks through the concept of a negative OCR, what it will mean for borrowers, savers, lenders, the government and the NZ$, and where we might go from there
25th Aug 20, 2:48pm
88
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
Robertson increases cap on Business Finance Guarantee Scheme 10-fold, extends terms of loans and enables businesses to use loans for capital investment and re-financing
20th Aug 20, 4:21pm
44
Robertson increases cap on Business Finance Guarantee Scheme 10-fold, extends terms of loans and enables businesses to use loans for capital investment and re-financing
The Business Finance Guarantee Scheme that's failed to fly was announced on the fly, without banks on board and with Treasury aware small business were actually most in need
26th Jun 20, 3:44pm
11
The Business Finance Guarantee Scheme that's failed to fly was announced on the fly, without banks on board and with Treasury aware small business were actually most in need
ANZ, ASB, BNZ and Westpac's advertised floating, or variable, borrowing rates unmoved so far since Kiwibank's 100 basis points rate cut
18th Jun 20, 2:16pm
18
ANZ, ASB, BNZ and Westpac's advertised floating, or variable, borrowing rates unmoved so far since Kiwibank's 100 basis points rate cut
The Government's IRD administered Small Business Cashflow Loan Scheme has lent more than $824 mln to more than 47,000 SMEs so far
22nd May 20, 1:40pm
4
The Government's IRD administered Small Business Cashflow Loan Scheme has lent more than $824 mln to more than 47,000 SMEs so far
RBNZ says banks haven't been lending heaps partly because some businesses don't want more debt... yet; Meanwhile Grant Robertson eyes new ways to support medium-sized businesses as small businesses pile in for interest free loans from the IRD
14th May 20, 8:32am
41
RBNZ says banks haven't been lending heaps partly because some businesses don't want more debt... yet; Meanwhile Grant Robertson eyes new ways to support medium-sized businesses as small businesses pile in for interest free loans from the IRD
Govt to write "viable" small businesses loans of up to $100k depending on how many employees they have
1st May 20, 12:36pm
151
Govt to write "viable" small businesses loans of up to $100k depending on how many employees they have
New law enables Crown to write COVID-19-affected SMEs loans; IRD to administer the scheme; Details to be unveiled on Friday
30th Apr 20, 4:34pm
71
New law enables Crown to write COVID-19-affected SMEs loans; IRD to administer the scheme; Details to be unveiled on Friday
The Reserve Bank Governor has encouraged banks to be 'out there doing their business'. We check the pulse of the big five banks and see how they are responding
24th Apr 20, 8:00am
62
The Reserve Bank Governor has encouraged banks to be 'out there doing their business'. We check the pulse of the big five banks and see how they are responding
CEO Jeff Greenslade says Heartland Group has launched its 'O4B' unsecured online small business lending service in Australia as it strives to improve return on equity
12th Nov 19, 10:42am
1
CEO Jeff Greenslade says Heartland Group has launched its 'O4B' unsecured online small business lending service in Australia as it strives to improve return on equity
Kiwibank cites banking fee reductions, bill paying services returning to NZ Post, and lower insurance income as its annual profit drops by $7 million
23rd Aug 19, 10:09am
11
Kiwibank cites banking fee reductions, bill paying services returning to NZ Post, and lower insurance income as its annual profit drops by $7 million
We track the changes in the way banks have allocated their lending and review the big influences that have driven it. The trend only works as long as house prices keep rising
5th Aug 17, 10:35am
71
We track the changes in the way banks have allocated their lending and review the big influences that have driven it. The trend only works as long as house prices keep rising
Chinese government controlled Bank of China Ltd injects capital into NZ subsidiary, boosting its ability to grow lending
12th Apr 17, 10:04am
8
Chinese government controlled Bank of China Ltd injects capital into NZ subsidiary, boosting its ability to grow lending
NZ's three Chinese government controlled banks, combined, are now about the same size as The Co-operative Bank by assets
4th Apr 17, 5:43pm
NZ's three Chinese government controlled banks, combined, are now about the same size as The Co-operative Bank by assets
Annual profit at ANZ NZ up $60m to $1.771b helped by hedging & insurance policy asset valuation gains
29th Oct 15, 9:58am
4
Annual profit at ANZ NZ up $60m to $1.771b helped by hedging & insurance policy asset valuation gains
Early days of ICBC's NZ lending dominated by corporate loans, although the bank's also writing residential mortgages
11th Sep 15, 4:02pm
Early days of ICBC's NZ lending dominated by corporate loans, although the bank's also writing residential mortgages
China Construction Bank has borrowed more than it has lent in NZ so far & breached its banking registration conditions
28th Aug 15, 12:01pm
China Construction Bank has borrowed more than it has lent in NZ so far & breached its banking registration conditions
ANZ NZ half-year profit rises 3%; CEO flags headwinds of strong NZ$, slowing growth in China and Australia
5th May 15, 9:55am
ANZ NZ half-year profit rises 3%; CEO flags headwinds of strong NZ$, slowing growth in China and Australia
Gareth Vaughan argues it's time for banks to cut unjustifiably high floating mortgage rates
26th Mar 15, 4:00am
13
Gareth Vaughan argues it's time for banks to cut unjustifiably high floating mortgage rates
Big drop in loans from corporate specialist the Bank of Tokyo-Mitsubishi
20th Jan 15, 4:30pm
Big drop in loans from corporate specialist the Bank of Tokyo-Mitsubishi
Heartland Bank increases quarterly profit by 13% with finance receivables up 3.1%
26th Nov 14, 4:32pm
Heartland Bank increases quarterly profit by 13% with finance receivables up 3.1%
BNZ CEO Anthony Healy outlines four key areas of focus after executive shake-up
2nd Oct 14, 4:30pm
BNZ CEO Anthony Healy outlines four key areas of focus after executive shake-up