Latest from Banking

Reserve Bank governor: Time for banks to be 'courageous'

Reserve Bank says banks are strong but will always struggle if unemployment surges.

ANZ made multiple breaches of RBNZ requirements - Deloitte

Unapproved models ranging from wholesale credit to credit cards found in report.

Covid-19: Westpac flags A$1.4b hit

Money laundering compliance issues, customer refunds and asset write-downs take their toll

Auckland man has bank card skimmed, despite being home on lockdown

Coronavirus scams on the rise in a bid to prey on vulnerable Kiwis.

Focus: Kiwibank’s approach to finance amid Covid-19 restrictions.

Focus: Kiwibank CEO Steve Jurkovich says the bank will have to take a more open-minded approach towards lending both during and after the Covid-19 restrictions.

Paywave limit raised amid coronavirus concerns

Limit finally raised .. mostly.

New numbers show Kiwis rushing to banks for mortgage help

The number of New Zealanders seeking help from their bank to pay the mortgage has surged.

Tens of thousands of Kiwis apply for mortgage holidays

Major banks reveal how many New Zealanders have applied for mortgage holidays.

Six-month home loan holiday: banks now ready to go

A mortgage deferral won't be suitable for everyone.

Brian Fallow: How Reserve Bank is fighting the virus

Central bank's mission is to make sure Government and banks have the money they need.

Bank call centres overloaded, customers complain of two-hour wait

Banks are still working through details of the government's six month mortgage relief.

Mike Hosking talks to Finance Minister Grant Robertson

Mike Hosking talks to Finance Minister Grant Robertson about the mortgage holiday plan.

Govt announces $6.2b loan guarantees for SMEs

Businesses with turnover of between $250,000 and $80 million will be eligible.

'People won't lose their homes': Mortgage scheme to ease coronavirus hit

A major financial support package for homeowners and businesses has been announced.

Thousands of troubled businesses calling bank for help

Thousands of businesses have called banks for financial support.

NZ major banks eye emergency relief for SME, mortgage borrowers

Banks are looking at allowing SME and mortgage customers to suspend payments.