
Mortgage wars should spark boost to lending
Mortgage lending was slashed to about half of normal levels last month due to Covid-19.
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.
What do bank bosses want to see in the Budget to help business?
Number of customers using cheques has been steadily declining over the past five years.
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.
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.
Thousands of people have asked about taking a home-loan holiday.
Banks are still working through details of the government's six month mortgage relief.
If you are in trouble call us now says bank boss.
Sarah Sparks split from Greg Olliver eight years ago - and now it's heading to court.
A property developer's trust had $15m just years after a deal over $93m in debt.
A court found a property developer acted in "bad faith" trying to control ex-wife's debts.
Why big banks are spending up large to get your attention.
Bank profits have fallen slightly in the last year.
Switching card companies is a hassle for consumers but could be a win for banks.
There is appetite for a bank float but is there desire to sell it?
BNZ may look like a good fit for Kiwibank, but is the deal too big to sell?
All that was missing from the "Year of behaving badly" was a sex scandal. That's changed.
The banking industry has reacted to the Reserve Bank's final decision on capital changes.
Banking system will have to raise $20b to cope with new safety buffers.