Latest from Bank of New Zealand

BNZ 9-month profit edges up 1.8 per cent

BNZ, the local unit of National Australia Bank, posted a 1.8% increase in net profit.

Tight margins take NZ bank profits lower

New research from KPMG shows the squeeze is going on interest rate margins.

Kiwi dollar celebrates its 50th

Fifty years ago today decimal currency was introduced to New Zealand.

From Israeli OE to top job

From Melbourne to Jerusalem was a key career moment says BNZ chief.

IRD has $166m of your money

The government is sitting on a stack of $166.2 million of unclaimed money

NZ mobile banking worse than Oz

Banks are doing the basics right in mobile banking but could do more for customers.

Aussie banks take a big hit after new tax

Bank shares have taken a big hit on stock markets this morning following the Aussie budget

Don Brash: Gould is wrong again

The banking system creates money when loans from one bank are deposited in another.

Bank profits down first time in 7 years

Bank profits fell for the first time in seven years last year on the back of growing competition and a squeeze on bank margins.

Biggest risks to the banks

New Zealand's big banks need to become simpler, smaller and better in tune with their customers to survive the big challenges facing

Ditch the wallet, buy by phone

Carrying a wallet full of credit and debit cards may soon be a thing of the past as more consumers sign up to pay-by-phone technology.

NZ services sector activity rises

The BusinessNZ-BNZ performance of services index rose 1.3 points to 57.9 in November, still above the long-term average of 54.1.

Highest rate for savers in over a year

BNZ has made a grab for the savers market offering a 4 per cent term deposit rate.

BNZ Harbour Quays closed for 'months'

BNZ's Harbour Quays building won't reopen for months following damage to CentrePort in the 7.8 earthquake.

Major banks offer financial assistance

Quake-hit customers and businesses have been offered mortgage relief and access to savings.

Call centre delays after quake

Customers of BNZ and Kiwibank may face delays in getting through to the lenders, with both banks' primary call-centres based in Wellington.