Rabobank swaps NZ guarantee for cash

Rabobank New Zealand's share capital increased sharply in the period ended September 2010, after the bank received a fresh injection of NZ$300 million from Rabobank International in August. read more

RBNZ turns dovish

The Reserve Bank of New Zealand left the official cash rate unchanged at 3.0 per cent, but delivered an emphatic outlook on interest rates. read more

Big Four may be under-provisioned

Bank provisions may be out of step with trends in their impaired assets. Dud loans at banks increased 30 per cent in 2010. Yet provisions increased by only 11 per cent. read more

Kiwibank's impaired loans jump again

Kiwibank's gross impaired assets jumped nearly 38 per cent in the three-month period to September 2010, as corporate impaired loans more than doubled and residential mortgages saw more impairment. read more