New Zealand

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.

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.

Bank of Baroda to add branches in New Zealand

Bank of Baroda will expand its banking operations in New Zealand with two new branches in Auckland and Wellington.

Bank of Baroda to set up branches in New Zealand

The lender’s board had approved the expansion of the bank’s operations with two new branches in Auckland and in Wellington.

ANZ to replace ING brand with OnePath

Rebranding focuses on integrating lender’s Wealth group that pools lender’s insurance and fund management businesses.

New Zealand endorses NAB’s bid for AXA APH

NAB’s takeover of $284mln AXA APH assets still needs nod from NZ's Commerce Commission.