New Zealand
New Zealand regulator sees no need for Australia-style banking inquiry
Even though the country’s four biggest banks are units of Australian lenders.
New Zealand regulator sees no need for Australia-style banking inquiry
Even though the country’s four biggest banks are units of Australian lenders.
New Zealand's ASB enables contactless purchases via smartwatch
A partnership with wearable firm Garmin is set to provide on-the-go customers with the digital option.
BNZ profits up 17.8% to $490m in H12018
Sustained corporate and housing lending buoyed monthly revenues.
Scrutiny over Australian banks wrongdoing spill over to New Zealand
The regulator is talking with local lenders to ensure they are not caught up in Australia’s mess.
BNZ launches new 1-year fixed term interest rate
The new 4.39% per annum rate aims to give customers flexibility.
Impairment charges drops BNZ profit
Bank of New Zealand reports a 56% fall in first-quarter profit.
New Zealand banks leads in loan-to-deposit ratio
Bests 13 other Asia-Pacific countries, said Moody's Investors Service.
New Zealand banks profitable despite Euro crisis impact
New Zealand's banks managed to retain profits despite less investments caused by the European crisis.
ANZ takes credit for delaying interest rate cuts
ANZ is claiming credit for initiating independence from the central bank in determining interest rates.
TSB gears up for competition - CEO
Financial results for the TSB Bank showed 10% growth in profit to $66.5 million.
BNZ prefers to offer fixed interest rates
Home buyers are interested in a short-term fixed loan, this is the observation of Bank of New Zealand retail director Andy Symons.
Big NZ banks experience soaring profits
Earnings of ANZ, ASB, BNZ, Westpac and Kiwibank for the last six months of 2011 rose by 25 percent to $2.8 billion.
New Zealand delays tightening bank lending rules
New Zealand’s central bank will delay an increase in the core funding ratio to 75 percent from 70 percent by about six months to Jan. 1, 2013.
New Zealand banks to face tighter capital adequacy requirements
The Reserve Bank of New Zealand is proposing that banks implement the Basel III capital adequacy requirements.
Westpac New Zealand and IBM renews IT deal
Renewal of contract shows the lender’s trust in IBM’s advanced technologies which create additional synergies, flexibility and choice for users.
Bank of India launches New Zealand branch
The lender follows footstep of Bank of Baroda which gained a local banking licence in 2009.
Westpac chooses Logica payments hub
Logica All Payments Solution will help Westpac New Zealand launch new products and services to its 1.2 million customers.
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1. OCBC remains stable amidst strong credit fundamentals: Moody's 2. DBS achieves record-high Q1 profit of S$2.96b 3. UOB to maintain good asset quality amidst profitability dip 4. DBS to maintain strong solvency, robust funding: Moody’s 5. Road closures set around Sports Hub, Marina Centre for OCBC Cycle on 11-12 MayAwards
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