Bank offers 1.75 per cent deposit rate, but there's a catch
Savers have to lock their money in for a long time to get the higher rate.
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Liam Dann: RBNZ pushes back on celebrating recovery too soon
The RBNZ is waging a battle with bullish markets over recovery expectations.
NZ bank profits fell 28 per cent in 2020, to $4 billion
Impaired asset expenses rose sharply across the banks.
Liam Dann: Ratings upgrade a big tick for NZ, but what will it mean?
While NZ's ratings upgrade is definitely good news, the immediate impact may be muted.
Liam Dann: What snap lockdown means for interest rates
This lockdown hasn't shifted economic forecasts but that doesn't mean it has no influence.
ASB backs down on lending clamp-down for new builds
The bank will now lend to investors wanting to do new builds who have low equity.
Major bank clamps down on new-build lending to investors
Banks are also taking a divergent approach on pre-approvals.
ASB half year profit down 1pc to $614 million
ASB has released its half year result.
Liam Dann: Why good jobs data could point to higher interest rates
Strong numbers tomorrow may raise more alarm bells than weak data, economists say.
Why banks aren't taking advantage of cheap money
Just $1.04 billion has been lent through the programme.
'It means lives saved': Christchurch community housing trust gifted defibrillators
The devices were presented to the Ōtautahi Community Housing Trust by ASB and St John.
ASB boss on how Kiwis can get ahead in 2021
ASB boss Vittoria Shortt says people should be mindful of an unforeseen downside to 2021.
ASB attempted to syndicate Yealands' debt
ASB tried and failed to syndicate debt it holds to Marlborough wine company in 2019.
Local Focus: Māori All Blacks visit The Specialist
Local business gets a boost. Made with funding from NZ On Air.
ASB Bank staffer avoids paying $500,000 shares in company he quit because of 'substantial' IRD debt
The judge said the share seller had "misrepresented" how poor the company's finances were.
Working from home: Who pays when the banks shut up shop?
Banks are closing branches but where will workers work and who will pay?
Strong economic rebound makes negative rates unlikely - ASB
ASB economists now see no need for the RBNZ to cut interest rates into negative territory.
Kerre McIvor: Bank branch closures leave some people behind
OPINION: Banks say the changes are about convenience. Really, it's about them.
Which Kiwi bank boss earned the most?
All the bank bosses took a pay cut but one still earned a lot more than the others.
ASB to bring in own LVR restrictions ahead of Reserve Bank rules
ASB will move immediately to increase the minimum deposit required from investors.
ASB to close 23 branches
Bank say Covid-19 has accelerated the trend towards self-service banking.
ANZ chair Sir John Key, bankers fear Reserve Bank stimulation creating asset bubbles
The bosses of the big four banks talk about the big challenges ahead.
Foreign currency exchange dives but major banks stick with it
ANZ will follow Kiwibank in quitting buying and selling foreign currency.
Bank profits fall 13 per cent, provisioning rises to $2.5 billion as worst yet to come
KPMG's quarterly report shows bank profits have dropped again.
Suspicious transactions: Major NZ banks named in global probe
A global investigation has revealed transactions involving 'dirty money'.
Theo Spierings' new gig, Warehouse avoids scrutiny, Hosking joins ASB
The inside word on New Zealand's business community.
ASB boss' big pay packet cut
Vittoria Shortt's pay package takes half-a-million-dollar hit.
The dilemma banks face over mask wearing
Should customers wear a mask when they enter a bank branch?
New lockdown will cost economy almost $440m a week
Economic impact of new lockdown is still modest - for now.
Bank boss backs extension to mortgage deferral scheme
ASB boss would like to see an extension of the mortgage deferral scheme.
ASB boss says economy will be in for bumpy ride after change in alert levels
ASB has announced a 20 per cent drop in its cash profit for the year to June 30.
Banks close Auckland branches to prepare for 3-day lockdown
Banks have moved quickly to prepare for going back into lockdown.
Kate MacNamara: What $640m buys in the Reserve Bank's new budget
Funds are a win for Orr, but it's not clear that NZ will receive the value he claims.
Bank complaints: 21,000 in three months
First time complaint numbers have ever been revealed for the banks.