deposits

9th Jul 20, 5:00am
Bank of China New Zealand Chairman Chris Tremain says despite capital constraints, the bank is well placed to compete in the residential mortgage market
Bank of China New Zealand Chairman Chris Tremain says despite capital constraints, the bank is well placed to compete in the residential mortgage market
9th Jul 20, 5:00am
30th Jun 20, 3:28pm
New Reserve Bank figures show that despite plunging interest rates Kiwis put the most money away in term deposits last month for a year
New Reserve Bank figures show that despite plunging interest rates Kiwis put the most money away in term deposits last month for a year
30th Jun 20, 3:28pm
23rd Jun 20, 9:52am
Macquarie research suggests NZ's major banks have more capacity than their Aussie parents to protect margins if interest rates go negative, by cutting term deposit rates
Macquarie research suggests NZ's major banks have more capacity than their Aussie parents to protect margins if interest rates go negative, by cutting term deposit rates
23rd Jun 20, 9:52am
14th Jun 20, 6:02am
Kiwibank CEO Steve Jurkovich says 'flight to safety' has led to a glut of deposits & 'some people are finding it difficult' with low rates. Advises no 'hard stop' on mortgage deferrals
Kiwibank CEO Steve Jurkovich says 'flight to safety' has led to a glut of deposits & 'some people are finding it difficult' with low rates. Advises no 'hard stop' on mortgage deferrals
14th Jun 20, 6:02am
2nd Jun 20, 9:53am
Reserve Bank data shows just how significant the initial impact of the COVID-19 crisis has been on New Zealand banks, with smaller NZ owned banks hit hardest
Reserve Bank data shows just how significant the initial impact of the COVID-19 crisis has been on New Zealand banks, with smaller NZ owned banks hit hardest
2nd Jun 20, 9:53am
29th May 20, 5:57pm
The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April
The number of borrowers going interest only increases, as 24% of housing and 41% of business loans were interest only at the end of April
29th May 20, 5:57pm
28th May 20, 12:02pm
RBNZ Deputy Governor Geoff Bascand says deposit rates could drop to zero and some savers might want to put their money to work elsewhere
RBNZ Deputy Governor Geoff Bascand says deposit rates could drop to zero and some savers might want to put their money to work elsewhere
28th May 20, 12:02pm
[Updated]
4th May 20, 10:32am
Westpac NZ half-year net profit tumbles as loan impairments and expenses rise and income falls
[Updated]
Westpac NZ half-year net profit tumbles as loan impairments and expenses rise and income falls
4th May 20, 10:32am
30th Apr 20, 3:38pm
The Reserve Bank says 21% of all housing loans are now interest only, while the wage subsidy saw household deposits boosted by over $4.5 billion
The Reserve Bank says 21% of all housing loans are now interest only, while the wage subsidy saw household deposits boosted by over $4.5 billion
30th Apr 20, 3:38pm
[Updated]
30th Apr 20, 10:25am
ANZ NZ CEO Antonia Watson sees potential for quicker economic recovery than many other countries as bank posts fall in interim profit with loan impairments & expenses rising
[Updated]
ANZ NZ CEO Antonia Watson sees potential for quicker economic recovery than many other countries as bank posts fall in interim profit with loan impairments & expenses rising
30th Apr 20, 10:25am
[Updated]
28th Apr 20, 9:59am
BNZ says it has provided home loan support to 21k home loan customers & 17k business customers due to COVID-19;  Sees economy contracting by about 9% in 2020 as unemployment pushes 10% and house prices drop by about 10%.
[Updated]
BNZ says it has provided home loan support to 21k home loan customers & 17k business customers due to COVID-19;  Sees economy contracting by about 9% in 2020 as unemployment pushes 10% and house prices drop by about 10%.
28th Apr 20, 9:59am
17th Apr 20, 1:04pm
The Finance Minister says finalising the design of a deposit insurance scheme is a priority, but there's no plan for it to be set up before 2023
The Finance Minister says finalising the design of a deposit insurance scheme is a priority, but there's no plan for it to be set up before 2023
17th Apr 20, 1:04pm
5th Apr 20, 6:02am
Government consultation paper probes the cost & size of deposit insurance fund needed in move from an 'uncertain implicit guarantee' to a 'managed explicit guarantee'
Government consultation paper probes the cost & size of deposit insurance fund needed in move from an 'uncertain implicit guarantee' to a 'managed explicit guarantee'
5th Apr 20, 6:02am
3rd Apr 20, 5:00am
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
Much still to be finalised in government's development of a deposit insurance scheme, with proposal of products it will cover detailed in consultation paper
3rd Apr 20, 5:00am
31st Mar 20, 3:37pm
Latest Reserve Bank figures show we have been gearing ourselves up with mortgages - but personal borrowing and agricultural debt have reduced
Latest Reserve Bank figures show we have been gearing ourselves up with mortgages - but personal borrowing and agricultural debt have reduced
31st Mar 20, 3:37pm
18th Mar 20, 9:53am
Heartland Group Holdings says home loan offering well received, sees overall lending growth continuing and is comfortable with its capital, liquidity and deposit reinvestment levels
Heartland Group Holdings says home loan offering well received, sees overall lending growth continuing and is comfortable with its capital, liquidity and deposit reinvestment levels
18th Mar 20, 9:53am
10th Mar 20, 1:44pm
ANZ NZ CEO Antonia Watson says some government working capital support in response to coronavirus outbreak might be useful, bank in a very good position from a liquidity and funding sense
ANZ NZ CEO Antonia Watson says some government working capital support in response to coronavirus outbreak might be useful, bank in a very good position from a liquidity and funding sense
10th Mar 20, 1:44pm
6th Mar 20, 9:39am
Four key profit measures all weakened for New Zealand's big five banks in the December quarter
Four key profit measures all weakened for New Zealand's big five banks in the December quarter
6th Mar 20, 9:39am
23rd Feb 20, 6:02am
David Hargreaves ponders the mediocre returns available on 'safe' investments and wonders whether technology might lead us to a new path of investment types
David Hargreaves ponders the mediocre returns available on 'safe' investments and wonders whether technology might lead us to a new path of investment types
23rd Feb 20, 6:02am
[Updated]
21st Feb 20, 11:00am
Surge in expenses and drop in net interest margin push Kiwibank interim profit down 18% with more investment ahead
[Updated]
Surge in expenses and drop in net interest margin push Kiwibank interim profit down 18% with more investment ahead
21st Feb 20, 11:00am

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