Some banks increasing branch opening hours under alert level 3
Some banks are increasing branch hours while others are making no change under level 3.
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.
Money laundering compliance issues, customer refunds and asset write-downs take their toll
Coronavirus scams on the rise in a bid to prey on vulnerable Kiwis.
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.
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.
A mortgage deferral won't be suitable for everyone.
Central bank's mission is to make sure Government and banks have the money they need.
Banks are still working through details of the government's six month mortgage relief.
Mike Hosking talks to Finance Minister Grant Robertson about the mortgage holiday plan.
Businesses with turnover of between $250,000 and $80 million will be eligible.
A major financial support package for homeowners and businesses has been announced.
Thousands of businesses have called banks for financial support.
Banks are looking at allowing SME and mortgage customers to suspend payments.
One bank has moved as pressure mounts over contactless payment as a health issue.
NZ faces at least three quarters of negative growth, global recession now inevitable.
Banks are facing mounting pressure to drop charges on contactless payments.
Banks are well-placed to weather the coronavirus fallout, S&P says.