banking

ANZ chief executive David Hisco

ANZ reduces its exposure to the dairy industry

Thu 4 Jun

ANZ says its lending to the dairy sector has fallen from $13.1 billion in 2010 to $11.3 billion by March this year, taking it down from 14% of the loan portfolio to 10%.

UDC Finance chief executive Tessa Price

UDC posts a record first-half net profit

Wed 3 Jun

UDC Finance has posted a record first-half net profit after strong lending growth coupled with flat operating expenses.

ANZ chief executive Mike Smith

ANZ Bank again the big winner in the mortgage market

Tue 2 Jun

ANZ Bank was again the biggest winner in the mortgage market in the March quarter.

Kiwibank CEO Paul Brock

Kiwibank's mortgage growth accelerates

Fri 29 May

The bank’s latest disclosure statement shows its mortgage book grew by $304m in the March quarter.

The Co-operative Bank chief executive Bruce McLachlan

Co-operative Bank lifts annual profit 24.4%

Fri 29 May

Chief executive Bruce McLachlan says the major factor in his bank’s increased lending performance is the greater brand recognition it’s been receiving.

Heartland New Zealand managing director Jeff Greenslade

Heartland flags profit at top end of guidance

Thu 21 May

The lender expects profit to be at the top end of its $46-48m range in the 12 months ending June 30.

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