banking

SUZANNE SNIVELY: NZ has low levels of corruption but it can’t rest on its laurels

Corruption watchdog reviews local banking sector

Fri 24 Feb

Local corruption watchdog is investigating how unethical New Zealand’s banking and financial services sector really is.

Bankers Association says NZ can't have one-size-fits-all on privacy cases

Tue 21 Feb 4

All banks are considering the Nicky Hager case findings following privacy commissioner decision.

ASB Bank chief plays down strong mortgage growth

Thu 16 Feb 5

ASB's profit rose despite a margin squeeze.

Banks may be forced to shrink: PwC report

Fri 10 Feb 4

Technology, disruption and changing customer behaviour are forcing banks to change.

CUSTOMER DRIVEN: Heartland chief executive Jeff Greenslade

Heartland marches to a different drum

Fri 3 Feb

Banks have been doing it tough as interest rates fell and their profit margins were squeezed. But Heartland Bank, which doesn’t even try to compete with the industry big boys, has actually been swelling its profit margins. Now, it’s competing in a battle for deposits as credit growth outstrips growth in deposits. But Shoeshine reckons Heartland will continue marching to a different drum to the rest of the banking industry.

Heartland OK with funding a direct competitor

Thu 2 Feb

Open for Business and Spotcap will be direct competitors in New Zealand.

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