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ComCom bank study to focus on home loans, deposits

Regulator publishes issues paper on target areas for competition probe.

The big four banks are responsible for about 86% of home mortgage lending.

NBR Staff Thu, 10 Aug 2023

The Commerce Commission’s study of competition in the personal banking sector has progressed to the publication of an issues paper, which proposes a focus on home loans and deposit accounts.

The move follows a review that found New Zealand’s big four banks – ANZ, ASB, BNZ and Westpac – are

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NBR Staff Thu, 10 Aug 2023
Contact the Writer: editor@nbr.co.nz
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ComCom bank study to focus on home loans, deposits
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