ASB chief says borrowers coping with higher rates so far
But it has increased its provisions to cover emerging risks.
But it has increased its provisions to cover emerging risks.
That was despite lower growth in property lending than in its prior financial year.
'We see an upward trend in demand, now that the funders' policies have been lifted.'
Kiwibank to launch sustainable finance product and emissions tracking capability.
Four more hubs, with ATMs and cash services, are to be added to the trial.
The lawsuit was filed in September last year and could include up to 150,000 customers.
Big bank says sorry for hassles hampering online customers today.
On the face of it, the A$4.9 billiontakeover looks like a good idea.
Banks compete on low interest energy-efficiency loans.
Victim says banks and police seem disinterested or powerless to stop the messages.
Warning after mistake led bank to give wrong location information to police unit.
Businesses have depended on low wages for decades, AUT academic says.
But borrowers will have to take out a loan for $2 million to get the full cashback.
But you must have your mortgage with the bank.
Volt was one of a handful of neobanks promising to challenge the Big Four.
EDITORIAL: There's a lot more pain to come for borrowers.
Banks tighten up as they come close to exhausting their high-risk lending allowances.
The Reserve Bank is almost certain to deliver another 50bp rate hike in July.
And are set to rise even further.
The bank has put the changes down to a significant rise in wholesale rates.
Scammers have moved on to phone calls to extract money from the public.
NZ children's book author Malcolm Clarke has posted a viral video warning of the scam.
The bank recorded a rise in home lending but a fall in agricultural and personal lending.
SBS Bank has lent money to 850 first-home buyers during the year.
"Sales prices are definitely starting to fall, but not dramatically" - Peter Thompson.
From July banks will be able to pay out a full 100 per cent dividend.
Retail banks have started hiking rates in the wake of last week's hawkish RBNZ call.
RBNZ says it expects Westpac will build on its momentum to date.
Around $160 billion of fixed-rate housing loans come up for review in the next year.
The bank is looking to stay in tune with cultural changes across NZ.