BNZ boss defends banking sector after govt criticism
BNZ boss Angela Mentis says banks are playing their part to keep businesses going.
BNZ boss Angela Mentis says banks are playing their part to keep businesses going.
Bank has strike out application dismissed.
Westpac boss David McLean believes New Zealand could come out of recession quickly.
Claims of deceit and conspiring against the company behind failed Swipe HQ.
NZs banks have 'blown the chance' to show customers they care during the crisis.
Financial Times: Lenders take diverging approaches in making provisions for virus damage.
Big bank announces how much it made in the six months to March 31.
Banks' criteria criticised for being too tough for some small businesses to get loans.
An increase in mortgagee sales is a possibility.
New data shows more than 100,000 households are seeking mortgage relief from their bank.
BNZ's latest half year result took a Covid-19 hit but the CEO remains confident.
Directors to donate 20 per cent of their fees for the next six months to charities
Some banks are increasing branch hours while others are making no change under level 3.
Banks charge low rates on government-backed business finance lending.
'I went to get my groceries and my card was declined, I can't even check my balance.'
Reserve Bank says banks are strong but will always struggle if unemployment surges.
Unapproved models ranging from wholesale credit to credit cards found in report.
Focus: Kiwibank CEO Steve Jurkovich says the bank will have to take a more open-minded approach towards lending both during and after the Covid-19 restrictions.
The number of New Zealanders seeking help from their bank to pay the mortgage has surged.
Major banks reveal how many New Zealanders have applied for mortgage holidays.
Shareholders furious after bank scraps payout due to coronavirus crisis
The situation is grim, and will be for a while, but NZ has some big things going for it.
There will also be a flow-on from the bank dividend block to smaller NZ banks.
The Reserve Bank recognises the financier's failure is "distressing".
This one key move might help many businesses stay afloat.
NZ banks have been told they can't pay dividends by the regulator.
How much each bank will be allocated is still to be worked out by Treasury.
S&P Global says banks should be able to handle the impact of the Covid-19 downturn.