Credit Ratings
Chancellor of the University of Otago, John Ward, named new chairman of SBS Bank replacing the long serving Acton Smith
23rd Aug 12, 2:47pm
Chancellor of the University of Otago, John Ward, named new chairman of SBS Bank replacing the long serving Acton Smith
Standard and Poor's downgrades GFNZ Group, formerly Geneva Finance, to CC saying it's 'currently highly vulnerable'
23rd Aug 12, 1:29pm
Standard and Poor's downgrades GFNZ Group, formerly Geneva Finance, to CC saying it's 'currently highly vulnerable'
Morgan Stanley and Citigroup raise NZ$1.25 bln, combined, in 1st NZ$ denominated bond issues by US banks in 5 years
3rd Aug 12, 4:26pm
2
Morgan Stanley and Citigroup raise NZ$1.25 bln, combined, in 1st NZ$ denominated bond issues by US banks in 5 years
Taxman wins NZ$92.5 mln reinsurance dispute with Sovereign, which says judgement won't affect its credit rating but it's reviewing it
24th Jul 12, 4:14pm
Taxman wins NZ$92.5 mln reinsurance dispute with Sovereign, which says judgement won't affect its credit rating but it's reviewing it
A.M. Best delivers good news for CBL Insurance, but raises concerns about Civic Assurance and ACS, formerly Ansvar
20th Jul 12, 12:05pm
A.M. Best delivers good news for CBL Insurance, but raises concerns about Civic Assurance and ACS, formerly Ansvar
Rabobank NZ boss admits the bank overlooked regulatory requirement when ditching its now reinstated credit rating
13th Jul 12, 1:50pm
1
Rabobank NZ boss admits the bank overlooked regulatory requirement when ditching its now reinstated credit rating
Standard and Poor's withdraws and then reinstates credit rating on Rabobank NZ at bank's request
12th Jul 12, 9:37am
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Standard and Poor's withdraws and then reinstates credit rating on Rabobank NZ at bank's request
PwC cautions banks against placing too much reliance on covered bonds saying they add 'incremental constraints'
9th Jul 12, 3:59pm
3
PwC cautions banks against placing too much reliance on covered bonds saying they add 'incremental constraints'
Westpac secures just over two-thirds of maximum NZ$900 mln target from two domestic debt issues
6th Jul 12, 4:10pm
Westpac secures just over two-thirds of maximum NZ$900 mln target from two domestic debt issues
Westpac NZ looks to raise as much as NZ$900 mln, combined, from five-year and seven-year debt issues to institutional investors
3rd Jul 12, 3:53pm
Westpac NZ looks to raise as much as NZ$900 mln, combined, from five-year and seven-year debt issues to institutional investors
Co-operative Bank customer-owners to get proportionate profit return as new CEO and chairman eye faster growth
21st Jun 12, 4:18pm
Co-operative Bank customer-owners to get proportionate profit return as new CEO and chairman eye faster growth
Kiwibank hires Barclays to arrange covered bond programme, could borrow around NZ$1 billion through covered bonds
19th Jun 12, 4:17pm
Kiwibank hires Barclays to arrange covered bond programme, could borrow around NZ$1 billion through covered bonds
Moody's cuts credit rating on Dutch parent of rural lender Rabobank NZ by 2 notches citing tough Dutch and euro-zone environments
15th Jun 12, 3:18pm
5
Moody's cuts credit rating on Dutch parent of rural lender Rabobank NZ by 2 notches citing tough Dutch and euro-zone environments
The Reserve Bank and Young Enterprise Trust create a board game for school kids to teach investment risk and reward
14th Jun 12, 4:23pm
3
The Reserve Bank and Young Enterprise Trust create a board game for school kids to teach investment risk and reward
Fitch assigns AA credit rating to Kiwibank, says it plans to issue covered bonds to help lengthen its funding maturity profile
14th Jun 12, 11:59am
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Fitch assigns AA credit rating to Kiwibank, says it plans to issue covered bonds to help lengthen its funding maturity profile
Fast growing NZ insurer CBL Insurance shrugs off two notch S&P downgrade to BB- after striking at 'perfect time' last year with Euro-zone acquisition
11th Jun 12, 4:31pm
Fast growing NZ insurer CBL Insurance shrugs off two notch S&P downgrade to BB- after striking at 'perfect time' last year with Euro-zone acquisition
'Profit conscious but not profit driven' Co-operative Bank nearing appointment of new permanent CEO as it launches business banking services
7th Jun 12, 4:27pm
1
'Profit conscious but not profit driven' Co-operative Bank nearing appointment of new permanent CEO as it launches business banking services
TSB Bank reports 10% rise in annual profit before tax with deposits up 6% and lending up 4%
1st Jun 12, 4:03pm
TSB Bank reports 10% rise in annual profit before tax with deposits up 6% and lending up 4%
What anyone with a home loan and/or bank deposit needs to know about the bank bonds compared with drugs and prostitution
25th May 12, 4:45pm
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What anyone with a home loan and/or bank deposit needs to know about the bank bonds compared with drugs and prostitution
Govt Bill allows banks to use assets other than residential mortgages for covered bond security and entities other than registered banks to issue covered bonds
23rd May 12, 4:53pm
22
Govt Bill allows banks to use assets other than residential mortgages for covered bond security and entities other than registered banks to issue covered bonds
Fitch sees potential for worse deals for customers, riskier activities and regulatory arbitrage from 'too big to fail banks' needing US$566b to meet Basel III rules
22nd May 12, 4:31pm
Fitch sees potential for worse deals for customers, riskier activities and regulatory arbitrage from 'too big to fail banks' needing US$566b to meet Basel III rules
Standard and Poor's warns of potential US$46 trillion 'perfect storm' in global credit markets
11th May 12, 11:36am
Standard and Poor's warns of potential US$46 trillion 'perfect storm' in global credit markets
In this 'lower for longer' interest rate environment, are 10-year bond offers the future for retail bond issues from corporates?
9th May 12, 4:28pm
15
In this 'lower for longer' interest rate environment, are 10-year bond offers the future for retail bond issues from corporates?
Big banks under more pressure on their overseas funding reliance from credit rating agencies than the RBNZ, KPMG says
26th Apr 12, 4:28pm
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Big banks under more pressure on their overseas funding reliance from credit rating agencies than the RBNZ, KPMG says
BusinessDesk: Graeme Hart's packaging empire not looking for another big debt-funded acquisition, CEO says
2nd Apr 12, 1:21pm
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BusinessDesk: Graeme Hart's packaging empire not looking for another big debt-funded acquisition, CEO says