Credit Ratings
ANZ New Zealand and BNZ top up their funding with euro denominated covered bond issues
ANZ New Zealand and BNZ top up their funding with euro denominated covered bond issues
Fitch Ratings sees incoming RBNZ capital requirements reinforcing the position of NZ's big 4 banks within their Aussie parent banking groups
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Fitch Ratings sees incoming RBNZ capital requirements reinforcing the position of NZ's big 4 banks within their Aussie parent banking groups
TSB deal to give Heartland 'immediate scale' in home loan market and lower funding costs helped by non-interest-bearing deposits in transaction accounts, independent report says
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TSB deal to give Heartland 'immediate scale' in home loan market and lower funding costs helped by non-interest-bearing deposits in transaction accounts, independent report says
Heartland Group CEO says not yet decided which technology platform a combined Heartland-TSB would use, acknowledges cultural differences but doesn't expect major problems
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Heartland Group CEO says not yet decided which technology platform a combined Heartland-TSB would use, acknowledges cultural differences but doesn't expect major problems
[updated]
Heartland Group Holdings proposes acquisition of TSB from the Toi Foundation to create TSB Heartland Bank. Toi to consult with Taranaki residents
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Heartland Group Holdings proposes acquisition of TSB from the Toi Foundation to create TSB Heartland Bank. Toi to consult with Taranaki residents
S&P sees significant opportunities for banks with AI, but cautions FOMO could lead to poor investment decisions
S&P sees significant opportunities for banks with AI, but cautions FOMO could lead to poor investment decisions
Less equity, better resolvability: Inside New Zealand’s bank capital reforms
Less equity, better resolvability: Inside New Zealand’s bank capital reforms
S&P waiting to see how councils react to imposition of rates cap before making any credit ratings decisions
S&P waiting to see how councils react to imposition of rates cap before making any credit ratings decisions
The introduction of a rates cap on local councils ‘will erode the sector’s flexibility to raise revenues’, credit rating agency S&P Global Ratings says
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The introduction of a rates cap on local councils ‘will erode the sector’s flexibility to raise revenues’, credit rating agency S&P Global Ratings says
Household term deposit balances have flat-lined since early 2024. But now that bank offer rates are rising, with 4%-plus rates even offered by some main banks, will that encourage savers to move back?
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Household term deposit balances have flat-lined since early 2024. But now that bank offer rates are rising, with 4%-plus rates even offered by some main banks, will that encourage savers to move back?
Term deposit rates are moving off their recent lows with 4%+ rates starting to spread. Surprisingly the major banks are at the forefront of the rises
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Term deposit rates are moving off their recent lows with 4%+ rates starting to spread. Surprisingly the major banks are at the forefront of the rises
After three straight years of building back term deposit balances, savers took a break in 2025. Lower rate offers and better alternatives caused the pause
After three straight years of building back term deposit balances, savers took a break in 2025. Lower rate offers and better alternatives caused the pause
Could the Reserve Bank's new capital settings be a slow burning catalyst for big bank credit rating upgrades?
Could the Reserve Bank's new capital settings be a slow burning catalyst for big bank credit rating upgrades?
[updated]
The year is ending with selected banks raising longer term deposit rates. The latest is state-owned Kiwibank whose one year TD rate now easily eclipses their big Aussie bank rivals
The year is ending with selected banks raising longer term deposit rates. The latest is state-owned Kiwibank whose one year TD rate now easily eclipses their big Aussie bank rivals
[updated]
As the Government proposes a rates cap, councils may be forced to take on more debt if they ‘hope to plough on’ with investments and ‘this would be a credit negative,’ S&P says
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As the Government proposes a rates cap, councils may be forced to take on more debt if they ‘hope to plough on’ with investments and ‘this would be a credit negative,’ S&P says