Nine banks to start lending govt-backed $6.25b for business immediately
How much each bank will be allocated is still to be worked out by Treasury.
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Latest from Banking
NZ banks should be able to absorb credit losses - S&P
S&P Global says banks should be able to handle the impact of the Covid-19 downturn.
Reserve Bank's latest emergency move ... and what comes next
New Zealand's Reserve Bank has made another unorthodox policy move.
Coronavirus: 10,000 plus Kiwis seek home-loan relief
Thousands of people have asked about taking a home-loan holiday.
Six-month home loan holiday: banks now ready to go
A mortgage deferral won't be suitable for everyone.
Brian Fallow: How Reserve Bank is fighting the virus
Central bank's mission is to make sure Government and banks have the money they need.
Bank call centres overloaded, customers complain of two-hour wait
Banks are still working through details of the government's six month mortgage relief.
Mike Hosking talks to Finance Minister Grant Robertson
Mike Hosking talks to Finance Minister Grant Robertson about the mortgage holiday plan.
Govt announces $6.2b loan guarantees for SMEs
Businesses with turnover of between $250,000 and $80 million will be eligible.
'People won't lose their homes': Mortgage scheme to ease coronavirus hit
A major financial support package for homeowners and businesses has been announced.
Thousands of troubled businesses calling bank for help
Thousands of businesses have called banks for financial support.
NZ major banks eye emergency relief for SME, mortgage borrowers
Banks are looking at allowing SME and mortgage customers to suspend payments.
Coronavirus: Bank waives contactless debit fee for small businesses
One bank has moved as pressure mounts over contactless payment as a health issue.
The 2020 recession is 'here and now' - S&P Global
NZ faces at least three quarters of negative growth, global recession now inevitable.
Pressure grows on banks to cut paywave costs
Banks are facing mounting pressure to drop charges on contactless payments.
NZ bank credit losses will rise from low levels
Banks are well-placed to weather the coronavirus fallout, S&P says.
Liam Dann: Banks have assured us of their value for years. Now's their chance to show us
Banks have long argued their strength is vital to society. Now's their time to prove it.
Coronavirus: Fears banks could tighten home loan lending
Buyers employed in tourism may soon face a battle securing home loans due to coronavirus.
Westpac to offer interest-free loans for insulation, home heating
Westpac is making a push to address climate change.
Bank to virus-hit firms: Ring us sooner rather than later
If you are in trouble call us now says bank boss.
Stock market plunge: Trouble looms for first home buyers relying on KiwiSaver
"Some settlements might not go ahead" - Bruce Patten.
Coronavirus crunch: First major bank warns recession 'probable'
The yield on 10-year New Zealand Government bond has plunged to an all time low.
Elderly hit hardest as cheques phased out
Elderly impacted by move towards a chequeless society.
Letters: Recycling cost spurs poor choices
If it's difficult or costly to recycle or dump, poorer people will make poor choices.
NZ stocks jump, investors optimistic about rate cut prospects
Investors have cheered the response from central banks.
Liam Dann: Coronavirus sucks but we need to confront the economic risk
A coronavirus slump provides a stark test for the two different ends of the NZ economy.
Why bank advertising has skyrocketed
Why big banks are spending up large to get your attention.
Second bank facing potential compo payout over credit disclosure issues
Kiwibank prepares to wear cost of "disclosure issues".
Pensioners could lose home after $280,000 'fraud' by Westpac introducer
A Melbourne couple fear they will be left homeless.
The interview: ANZ's new CEO Antonia Watson
ANZ's new chief executive Antonia Watson on rebuilding the reputation of the bank.
Seeing double: Westpac customers vent as glitch duplicates payments
Westpac customers have had double payments going out and into their accounts.
Kiwibank boss forecasts flat profits for years as it focuses on growth
Kiwibank's half year profit has been released.
The great NZ money industry: Banks make $5.71 billion
Bank profits have fallen slightly in the last year.
What's on the watch out list for ASB boss
ASB bank's cash profit was flat after a lower cash rate put the squeeze on its margin.