ANZ to launch NZ mobile wallet 26 March 2015 5:12PM ANZ New Zealand has announced plans to launch a mobile wallet within its goMoney app that is used by over 120,000 of its customers with the newest Android smart phones. read more
NZ's Baptist Savings rated B+ 26 March 2015 5:11PM Fitch Ratings has assigned a B+ rating to New Zealand's Baptist Savings, a first-time rating for the savings society which was set up to provide loans to Baptist church organisations. read more
Westpac wins Air NZ card deal 20 March 2015 4:44PM Westpac has signed a ten year deal to provide the credit card for New Zealand's most popular air points loyalty scheme, winning it off National Australia Bank's BNZ, which had held the deal for 16 yea.. read more
NZ lending code kicks in June 6 18 March 2015 4:25PM New Zealand Commerce and Consumer Affairs Minister Paul Goldsmith released a new Responsible Lending Code, which is the culmination of a two-year process of amending the 2003 Credit Contracts and Cons.. read more
RBNZ mulls new lending controls 13 March 2015 4:47PM The Reserve Bank of New Zealand has acknowledged it is discussing the possibility of English and Irish style controls on loan to income multiples, but they remain at an early stage. read more
NZ watchdog denies back down on interest rate swaps case 13 March 2015 4:45PM New Zealand's Commerce Commission, which enforces the country's competition and fair trading laws, has denied it backed down from taking Westpac, ANZ and ASB to court in order to avoid legal costs. read more
Strong demand for ANZ's tier one issue 09 March 2015 4:08PM ANZ New Zealand has doubled the size of its tier one capital note issue to NZ$500 million. The issue is the first tier one issue in six years in New Zealand and the first by ANZ NZ. read more
NZ's TSB hit by coal slump 02 March 2015 4:31PM TSB Bank has written off all of its NZ$53.9 million in loans to state-owned coal miner Solid Energy after a slump in coal export prices, carving 74 per cent off the New Zealand regional lender's nine-.. read more
NZ Super Fund challenges European senior bank debt precedent 02 March 2015 4:28PM The New Zealand Superannuation Fund is concerned its loss of US$150 million in the collapse of Portugal's Banco Espirito Santo has set a precedent endangering protections for holders of senior bank de.. read more
SBS's Auckland move pays off 27 February 2015 5:30PM New Zealand's Invercargill-based SBS Bank has reported a 39 per cent increase in net profit and declared its launch into the hot Auckland market a success. read more