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Banks' loan provisioning on the rise as the economic picture darkens, KPMG's latest quarterly Financial Institutions Performance Survey says
29th Jun 22, 10:45am
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Banks' loan provisioning on the rise as the economic picture darkens, KPMG's latest quarterly Financial Institutions Performance Survey says
Whilst loan volume growth will likely be lower, loans may prove stickier for banks as economic conditions toughen for borrowers, KPMG says
13th Apr 22, 9:30am
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Whilst loan volume growth will likely be lower, loans may prove stickier for banks as economic conditions toughen for borrowers, KPMG says
New Zealand banks' annual funding costs sink as big banks tighten grip on lending market
9th Mar 22, 10:53am
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New Zealand banks' annual funding costs sink as big banks tighten grip on lending market
KPMG's annual Financial Institutions Performance Survey probes why banks got their Covid-19 loan provisioning so wrong
9th Mar 22, 10:34am
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KPMG's annual Financial Institutions Performance Survey probes why banks got their Covid-19 loan provisioning so wrong
How has the composition of NZ's top 10 non-bank financial institutions changed over the past decade and does this say anything about the economy?
18th Dec 21, 8:03am
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How has the composition of NZ's top 10 non-bank financial institutions changed over the past decade and does this say anything about the economy?
Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?
16th Dec 21, 5:00am
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Will changes to credit contracts and consumer finance laws lead to a government-induced credit crunch or protect borrowers from predatory lending?
Off the back of strong growth over several years, Avanti Finance is now New Zealand's second biggest non-bank lender
14th Dec 21, 7:58am
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Off the back of strong growth over several years, Avanti Finance is now New Zealand's second biggest non-bank lender
ANZ NZ, ASB, BNZ and Westpac NZ set to post record combined annual profit as the Reserve Bank talks up reduced levels of market concentration
6th Nov 21, 9:45am
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ANZ NZ, ASB, BNZ and Westpac NZ set to post record combined annual profit as the Reserve Bank talks up reduced levels of market concentration
Some 263,000 people set to have their savings shifted to a new KiwiSaver scheme under the new default provider arrangements
29th Sep 21, 2:54pm
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Some 263,000 people set to have their savings shifted to a new KiwiSaver scheme under the new default provider arrangements
Commerce and Consumer Affairs Minister David Clark says buy now, pay later networks could be regulated in push to reduce costs for merchants and consumers
25th Sep 21, 9:41am
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Commerce and Consumer Affairs Minister David Clark says buy now, pay later networks could be regulated in push to reduce costs for merchants and consumers
NZ banks' housing lending continues rising as a percentage of their overall lending as business and agriculture lending heads in the opposite direction
23rd Sep 21, 9:40am
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NZ banks' housing lending continues rising as a percentage of their overall lending as business and agriculture lending heads in the opposite direction
Latest KPMG Financial Institutions Performance Survey shows the second highest number of first home buyers ever in the June quarter - but with fewer borrowing on high LVRs
23rd Sep 21, 8:44am
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Latest KPMG Financial Institutions Performance Survey shows the second highest number of first home buyers ever in the June quarter - but with fewer borrowing on high LVRs
Helped by strong housing lending, New Zealand's banks appear set to top $6 billion in annual profit this year for the first time
10th Aug 21, 3:05pm
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Helped by strong housing lending, New Zealand's banks appear set to top $6 billion in annual profit this year for the first time
A lack of cyber security regulation, loan provision releases racking up, COVID-19 challenges forward looking loss provisioning models, climate-related accounting standards & more
23rd Jun 21, 10:35am
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A lack of cyber security regulation, loan provision releases racking up, COVID-19 challenges forward looking loss provisioning models, climate-related accounting standards & more
New Zealand banks' personnel expenses rose 9% last year to more than $3.2 billion as they added more than 600 staff
24th Feb 21, 10:07am
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New Zealand banks' personnel expenses rose 9% last year to more than $3.2 billion as they added more than 600 staff
KPMG's annual Financial Institutions Performance Survey shows bank funding costs the lowest they've been for at least 34 years
24th Feb 21, 10:06am
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KPMG's annual Financial Institutions Performance Survey shows bank funding costs the lowest they've been for at least 34 years
KPMG suggests banks may need to refine the expected credit loss modelling used in their loan loss provisioning in the wake of the COVID-19 crisis
23rd Sep 20, 7:37am
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KPMG suggests banks may need to refine the expected credit loss modelling used in their loan loss provisioning in the wake of the COVID-19 crisis
KPMG shines spotlight on how the COVID-19 crisis has brought a lack of financial resilience to the fore, suggesting a need for greater financial planning
3rd Jul 20, 10:29am
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KPMG shines spotlight on how the COVID-19 crisis has brought a lack of financial resilience to the fore, suggesting a need for greater financial planning
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
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ANZ, ASB, BNZ and Westpac's advertised floating, or variable, borrowing rates unmoved so far since Kiwibank's 100 basis points rate cut
Financial Markets Authority spotlight to go on any investment products for retail investors designed to meet banks' new regulatory capital requirements
20th Feb 20, 9:34am
Financial Markets Authority spotlight to go on any investment products for retail investors designed to meet banks' new regulatory capital requirements
KPMG's annual Financial Institutions Performance Survey for the banking sector shows times got a bit tougher in 2019, albeit from a very high base
19th Feb 20, 7:39am
KPMG's annual Financial Institutions Performance Survey for the banking sector shows times got a bit tougher in 2019, albeit from a very high base
Preparation for increasing regulatory capital requirements sees major New Zealand banks' combined dividends drop in 2019 as funding costs remain low by historic standards
20th Dec 19, 7:34am
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Preparation for increasing regulatory capital requirements sees major New Zealand banks' combined dividends drop in 2019 as funding costs remain low by historic standards
KPMG's head of banking and finance John Kensington wonders whether the growing trend of young Kiwis using Kiwisaver for a home deposit is just 'pushing the problem of retirement affordability down the track' for future generations
11th Jul 19, 9:43am
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KPMG's head of banking and finance John Kensington wonders whether the growing trend of young Kiwis using Kiwisaver for a home deposit is just 'pushing the problem of retirement affordability down the track' for future generations
Gareth Vaughan questions whether banks' floating mortgage interest rates can be justified in a low interest rate world
30th Apr 19, 5:05pm
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Gareth Vaughan questions whether banks' floating mortgage interest rates can be justified in a low interest rate world
KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers
14th Feb 19, 5:00am
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KPMG warns banks of threats to their lucrative credit card business from rivals and regulators if they don't get on the front foot and assist struggling borrowers