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RBNZ set to keep rates on hold
The Reserve Bank is expected to keep rates on hold at 1.75 per cent.
The Reserve Bank is expected to keep rates on hold at 1.75 per cent.
New Lynn man asked to cough up $200 in cash on the spot.
BNZ, the local unit of National Australia Bank, posted a 1.8% increase in net profit.
New research from KPMG shows the squeeze is going on interest rate margins.
Fifty years ago today decimal currency was introduced to New Zealand.
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The government is sitting on a stack of $166.2 million of unclaimed money
Banks are doing the basics right in mobile banking but could do more for customers.
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New Zealand's manufacturing activity rose to its highest level in 14 months in March.
COMMENT: The Shareholders' Association is on the warpath.
Bank of New Zealand has developed a responsible investment policy.
KiwiSaver is a fantastic long-term superannuation scheme but it has one major drawback: limited domestic investment opportunities.
BNZ is closing branches and reducing the hours at others as it shifts to meet the growing use of digital banking.
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.
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.
With an already impressive resume, My Food Bag co-founder Theresa Gattung is at work on a fresh new venture.
The official cash rate cut won't be passed on to mortgage holders at major banks across New Zealand.
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.