BNZ mobile banking app out for hours
BNZ customers are fuming after being unable to access their accounts online.
BNZ customers are fuming after being unable to access their accounts online.
Bank profits fell for the first time in seven years last year on the back of growing competition and a squeeze on bank margins.
New Zealand's big banks need to become simpler, smaller and better in tune with their customers to survive the big challenges facing
Carrying a wallet full of credit and debit cards may soon be a thing of the past as more consumers sign up to pay-by-phone technology.
The BusinessNZ-BNZ performance of services index rose 1.3 points to 57.9 in November, still above the long-term average of 54.1.
BNZ has made a grab for the savers market offering a 4 per cent term deposit rate.
BNZ's Harbour Quays building won't reopen for months following damage to CentrePort in the 7.8 earthquake.
Quake-hit customers and businesses have been offered mortgage relief and access to savings.
Customers of BNZ and Kiwibank may face delays in getting through to the lenders, with both banks' primary call-centres based in Wellington.
The squeeze is being put on home loan borrowers as a second major bank lifts its fixed term mortgage rate.
Almost two-thirds of Aucklanders who don't own their own homes plan to buy their first homes outside the city.
Kiwis' online retail spending in September was up 15 per cent on last September, with a strong New Zealand dollar making many international
BNZ boss Anthony Healy says mortgage holders should not expect predicted cuts to the official cash rate to flow through to home loan
The BNZ has reported a $125 million drop in its full year profits on the back of a lower trading income and losses on hedging derivatives.
The bank has confirmed it may restructure parts of its business and the Herald understands up to 500 jobs could be affected.
The BNZ-BusinessNZ performance of services index declined to a seasonally adjusted 54.1 in September.
BNZ has confirmed it may restructure parts of its business and the Herald understands hundreds of jobs could be affected.
Profits across New Zealand's banks dipped in the June quarter driven in part by record lending outpacing funding.
Despite painstaking and careful restoration of a historic bank building in Marton, Auckland owner Steve Quinn's progress has now been
John Waller was made an Officer of the New Zealand Order of Merit for services to business and the community last year.
Auckland property developers fear that a sudden tightening of bank lending may "throttle" new housing projects despite the city's desperate housing shortage.
Two of our biggest banks will no longer lend to overseas-based buyers of New Zealand property.
An online banking blip left some BNZ customers out of pocket and embarrassed this afternoon.
A 16 per cent drop in the Bank of New Zealand's net profit after tax was due mainly to lower gains on financial instruments, affected
National Australia Bank's New Zealand cash earnings dropped 3 per cent in its first half as the lender took impairments against its rural loan book.
An ex-BNZ banker, who approved a loan for his own property development, has cut a deal with police over forfeiting $250,000 of frozen funds.
Bank of New Zealand cut its forecast for Fonterra Cooperative Group's payout to farmers this season amid continued weakness in dairy prices.
BNZ is facing a lawsuit which a liquidator of a freight-forwarding company says should have gone to the New Zealand Customs Service for import duty.