New Zealand has opened an investigation to determine if commitments by lenders under the Net-Zero Banking Alliance could ...
New Zealand’s competition regulator is investigating whether membership of the Net-Zero Banking Alliance, the global lending sector’s main climate group, is in breach of local anti-cartel laws.
Major financial lending institutions operating in small island nations are set to receive a crucial lifeline from Australia ...
New Zealand’s economy likely crept out of recession in the fourth quarter but the overall growth impulse still remains weak, ...
A NZ First bill promises to stop “woke ideology” in banking, after BNZ decided to pull back its lending to petrol stations. But lawyers and financial experts say the proposed law would not stop banks ...
New Zealand’s banking sector was resilient in 2024 despite economic challenges, a report by consultancy KPMG says. KPMG’s ...
ASB has cut several of its home-lending rates today – the largest by 20 basis points (bps). The bank said its six-month fixed rate would be trimmed 10bps from 5.89% to 5.79%, effective immediately.
The Reserve Bank of New Zealand has long been a pioneer, most notably as the first central bank to set rates independently in pursuit of an inflation target. Its latest innovation – embedding climate ...
New Zealand banking leaders urged lawmakers to consider whether the Reserve Bank’s capital requirements are too onerous.
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