deposits

Households aren't as flush as they used to be. Rather than locking funds away in term deposits to work their money harder, they are holding it in ready cash to be more resilient in case the unexpected happens

Households aren't as flush as they used to be. Rather than locking funds away in term deposits to work their money harder, they are holding it in ready cash to be more resilient in case the unexpected happens

As Revolut continues to pursue New Zealand banking registration, its NZ boss highlights 'untapped' business lending market as a potential future opportunity

As Revolut continues to pursue New Zealand banking registration, its NZ boss highlights 'untapped' business lending market as a potential future opportunity

‘Rein in their animal spirits’: Green Party’s proposed 0.06% bank levy may spark industry competition, but the big four Australian-owned banks could also slap the bill onto depositors

‘Rein in their animal spirits’: Green Party’s proposed 0.06% bank levy may spark industry competition, but the big four Australian-owned banks could also slap the bill onto depositors

Fintech Revolut launches business platform for New Zealand SMEs aiming for 'north of 50,000' business customers over the next five years

Fintech Revolut launches business platform for New Zealand SMEs aiming for 'north of 50,000' business customers over the next five years

‘It’s more than just that label on the door’: A building society and a credit union weigh up the pros and cons of rebranding as ‘banks’ from 2028

‘It’s more than just that label on the door’: A building society and a credit union weigh up the pros and cons of rebranding as ‘banks’ from 2028

CEO Mark Wilkshire on at what price the bank's core banking replacement would see it 'doing extremely well'

CEO Mark Wilkshire on at what price the bank's core banking replacement would see it 'doing extremely well'

Since Depositor Compensation Scheme launch residential mortgage lending by finance companies is up over 30%, Reserve Bank says

Since Depositor Compensation Scheme launch residential mortgage lending by finance companies is up over 30%, Reserve Bank says

CEO Antonia Watson concerned 'geopolitical headwinds may curtail momentum' in the 2nd half of ANZ NZ's financial year

CEO Antonia Watson concerned 'geopolitical headwinds may curtail momentum' in the 2nd half of ANZ NZ's financial year

Kookmin Bank, operating in NZ as a branch of its South Korean parent, pushes ahead with wind-down

Kookmin Bank, operating in NZ as a branch of its South Korean parent, pushes ahead with wind-down

Rabobank NZ posts annual profit increase, says outlook for the agriculture sector remains bright despite oil shock

Rabobank NZ posts annual profit increase, says outlook for the agriculture sector remains bright despite oil shock

Kiwibank 'well positioned' CEO says, after half-year profit rise despite lower net interest margin

Kiwibank 'well positioned' CEO says, after half-year profit rise despite lower net interest margin

ASB CEO sees 'more confidence in the economy' as rising costs hold down half-year profit increase despite net interest margin rise

ASB CEO sees 'more confidence in the economy' as rising costs hold down half-year profit increase despite net interest margin rise

Significant sums are now being pulled from term deposits, while investors are more active in mortgage borrowing this year, Reserve Bank figures show

Significant sums are now being pulled from term deposits, while investors are more active in mortgage borrowing this year, Reserve Bank figures show

ANZ NZ annual profit rises 21% boosted by hedging gains, impairment write-backs and a higher net interest margin

ANZ NZ annual profit rises 21% boosted by hedging gains, impairment write-backs and a higher net interest margin

BNZ September-year profit down as revenue falls. CEO says customers making most of falling interest rate environment by paying loans down faster

BNZ September-year profit down as revenue falls. CEO says customers making most of falling interest rate environment by paying loans down faster