ANZ chair Sir John Key, bankers fear Reserve Bank stimulation creating asset bubbles
The bosses of the big four banks talk about the big challenges ahead.
The bosses of the big four banks talk about the big challenges ahead.
ANZ will follow Kiwibank in quitting buying and selling foreign currency.
The Covid housing boom shows Reserve Bank policy working but could see return of LVRs.
KPMG's quarterly report shows bank profits have dropped again.
A global investigation has revealed transactions involving 'dirty money'.
Angela Mentis says she started work at 4.30am while in Australia under the first lockdown.
BNZ previously had nine branches open with limited hours.
Banking boss says Covid-19 has left its offices largely vacant.
Should customers wear a mask when they enter a bank branch?
Skimming fraud hits hospital ticket machines, investigation underway.
But risks remain from the pandemic lasting longer and delays in a vaccine.
A contracting economy and rising unemployment will affect banks' asset quality metrics.
More than 30 branches have closed since March 26.
A significant increase in impaired assets has dragged down bank profits.
Mortgage lending was slashed to about half of normal levels last month due to Covid-19.
The new bank capital rules have been deferred until July 1 next year.
Banks have to check everything from their legal documents to technology systems.
It'll be a slow return to the office for many of those working for corporates.
Similar comments made about Australia's four major banks, which own NZ's 'big four'.
Take-up of the Business Finance Guarantee Scheme has been slow.
BNZ boss Angela Mentis says banks are playing their part to keep businesses going.
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.
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
The number of New Zealanders seeking help from their bank to pay the mortgage has surged.
Tougher economic conditions has seen Fitch lower Australian bank ratings by one notch
This one key move might help many businesses stay afloat.
"Our obligations to ensure we are lending responsibly don't change', the bank said.