NBDTs

RBNZ settlement account with interest paid at the OCR improves Nelson Building Society's competitive position, chief executive says

RBNZ settlement account with interest paid at the OCR improves Nelson Building Society's competitive position, chief executive says

Treasury estimates if financial institutions pass on prudential levy costs to customers, the cost of borrowing would increase by less than one basis point and insurance premiums would jump by less than 0.2% on average

Treasury estimates if financial institutions pass on prudential levy costs to customers, the cost of borrowing would increase by less than one basis point and insurance premiums would jump by less than 0.2% on average

Reserve Bank says breaking out the cost of its prudential regulation has only become necessary because of the Government's proposed tax

Reserve Bank says breaking out the cost of its prudential regulation has only become necessary because of the Government's proposed tax

Proposed tax for Reserve Bank's prudential regulation could see banks and other deposit takers pay $113 million over 3 years, and insurers pay $81 million

Proposed tax for Reserve Bank's prudential regulation could see banks and other deposit takers pay $113 million over 3 years, and insurers pay $81 million

Dosh hits pause button on decision to reapply for banking registration as the NZ fintech targets home loan market and One NZ partnership

Dosh hits pause button on decision to reapply for banking registration as the NZ fintech targets home loan market and One NZ partnership

With a lone active banking registration application under review, the push for new competition in NZ’s banking sector inches along at a snail’s pace

With a lone active banking registration application under review, the push for new competition in NZ’s banking sector inches along at a snail’s pace

FMA says car loans, mortgage fraud, product design and transaction accounts are areas of focus over the coming 12 months

FMA says car loans, mortgage fraud, product design and transaction accounts are areas of focus over the coming 12 months

Reserve Bank enters final stretch of Deposit Takers Act rollout via the release of two consultations on crisis-readiness and draft standards exposure

Reserve Bank enters final stretch of Deposit Takers Act rollout via the release of two consultations on crisis-readiness and draft standards exposure

‘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

The Co-operative Bank's CEO says the RBNZ extending use of the word 'bank' to NBDTs may spur mergers

The Co-operative Bank's CEO says the RBNZ extending use of the word 'bank' to NBDTs may spur mergers

Reserve Bank decides to expand legal use of the words 'bank', 'banker' and 'banking'

Reserve Bank decides to expand legal use of the words 'bank', 'banker' and 'banking'

‘I would be very disappointed’ if banks passed costs of a new prudential levy onto their customers, Finance Minister Nicola Willis says

‘I would be very disappointed’ if banks passed costs of a new prudential levy onto their customers, Finance Minister Nicola Willis says

Government introduces new levy on banks, non-bank deposit takers, insurers and financial market infrastructure providers which is estimated to raise $209 million over the next four years

Government introduces new levy on banks, non-bank deposit takers, insurers and financial market infrastructure providers which is estimated to raise $209 million over the next four years

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

Citing a 'nexus between all other money laundering and banks,' the Ministry of Justice proposes banks pay lion's share of AML levies

Citing a 'nexus between all other money laundering and banks,' the Ministry of Justice proposes banks pay lion's share of AML levies