ICBC NZ
Which is bigger by assets, the three Chinese banks operating in NZ combined, or TSB?
29th Apr 24, 9:36am
Which is bigger by assets, the three Chinese banks operating in NZ combined, or TSB?
The Red Bank follows ANZ with a range of interest rate increases for both home loans and term deposits
21st Oct 21, 1:25pm
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The Red Bank follows ANZ with a range of interest rate increases for both home loans and term deposits
Following the sharp wholesales rate rises, NZ's largest home loan lender takes fixed mortgage rates up to another level. It also raises term deposit rates
21st Oct 21, 8:36am
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Following the sharp wholesales rate rises, NZ's largest home loan lender takes fixed mortgage rates up to another level. It also raises term deposit rates
Not only are wholesale rates rising, but banks are coming out of a period where their mortgage margins have been suppressed. Expect the new round of rate hikes to do some catch-up
15th Oct 21, 4:23pm
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Not only are wholesale rates rising, but banks are coming out of a period where their mortgage margins have been suppressed. Expect the new round of rate hikes to do some catch-up
Wholesale rate pressure has pushed one of our largest home loan lenders to raise some key fixed rates and setting their market offerings as the highest available
14th Oct 21, 12:29pm
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Wholesale rate pressure has pushed one of our largest home loan lenders to raise some key fixed rates and setting their market offerings as the highest available
Heartland Bank raises all its home loan interest rates but still retains the claim to the lowest rates available from any bank. Home loan market awaits the RBNZ's signals next Wednesday
1st Oct 21, 10:38am
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Heartland Bank raises all its home loan interest rates but still retains the claim to the lowest rates available from any bank. Home loan market awaits the RBNZ's signals next Wednesday
ANZ moves to raise rates back up to levels first adopted by rival ASB, taking some longer term rates back closer to 5%
28th Sep 21, 6:40pm
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ANZ moves to raise rates back up to levels first adopted by rival ASB, taking some longer term rates back closer to 5%
Rising wholesale money costs are pressing banks to raise rates, but the pace of the rises vary among institutions. That means exploitable advantages are available for borrowers who need to fix now
28th Sep 21, 1:30pm
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Rising wholesale money costs are pressing banks to raise rates, but the pace of the rises vary among institutions. That means exploitable advantages are available for borrowers who need to fix now
Bank of China New Zealand grows residential mortgage lending 14.4% in March year
8th Jun 20, 9:54am
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Bank of China New Zealand grows residential mortgage lending 14.4% in March year
Solid March quarter lending growth for both Kiwibank and TSB as several banks go backwards on the deposit front
4th Jun 19, 9:51am
Solid March quarter lending growth for both Kiwibank and TSB as several banks go backwards on the deposit front
Bank of China's now been open for business in NZ for four years and wants to 'continue to leverage' its cross-border advantages to promote bilateral economic and trade cooperation
22nd Nov 18, 1:57pm
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Bank of China's now been open for business in NZ for four years and wants to 'continue to leverage' its cross-border advantages to promote bilateral economic and trade cooperation
ICBC NZ and Bank of China NZ have upped their provisions on loans to embattled insurer CBL
12th Sep 18, 4:41pm
ICBC NZ and Bank of China NZ have upped their provisions on loans to embattled insurer CBL
The Chinese banks operating in New Zealand hit their first lending judder bar in the form of insurance company CBL, causing a potential capital issue for ICBC
9th Apr 18, 9:56am
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The Chinese banks operating in New Zealand hit their first lending judder bar in the form of insurance company CBL, causing a potential capital issue for ICBC
NZ's three Chinese government controlled banks, combined, are now about the same size as The Co-operative Bank by assets
4th Apr 17, 5:43pm
NZ's three Chinese government controlled banks, combined, are now about the same size as The Co-operative Bank by assets
ICBC & China Construction Bank explain how China's NZ banks operate within the US$50k restriction on Chinese citizens taking money overseas & their AML responsibilities
18th Mar 17, 8:26am
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ICBC & China Construction Bank explain how China's NZ banks operate within the US$50k restriction on Chinese citizens taking money overseas & their AML responsibilities
After lobbying from NZ's Chinese govt owned banks, the RBNZ clarifies its rules for the dual registration (local subsidiaries & branches) of small, non-systemic foreign banks
22nd Dec 16, 8:12am
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After lobbying from NZ's Chinese govt owned banks, the RBNZ clarifies its rules for the dual registration (local subsidiaries & branches) of small, non-systemic foreign banks
Chinese banks' combined NZ lending pushes past $1.2 billion after strong June quarter growth
6th Sep 16, 2:39pm
Chinese banks' combined NZ lending pushes past $1.2 billion after strong June quarter growth
Finance companies, other non-bank lenders and Chinese banks remain open to foreigners seeking mortgages to help buy NZ property
8th Jul 16, 5:00am
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Finance companies, other non-bank lenders and Chinese banks remain open to foreigners seeking mortgages to help buy NZ property
Reserve Bank to reassess its definition of systemically important banks after mulling dual registration for non-systemic overseas controlled banks
29th Jun 16, 11:03am
Reserve Bank to reassess its definition of systemically important banks after mulling dual registration for non-systemic overseas controlled banks
The 3 Chinese banks operating in NZ have now lent more than $1 bln and made inroads into the mortgage market
14th Jun 16, 5:15pm
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The 3 Chinese banks operating in NZ have now lent more than $1 bln and made inroads into the mortgage market
The three NZ registered Chinese state controlled banks have taken total lending past $800 mln
27th Apr 16, 4:22pm
The three NZ registered Chinese state controlled banks have taken total lending past $800 mln
The three NZ registered Chinese state controlled banks' lending to date detailed
3rd Dec 15, 4:31pm
The three NZ registered Chinese state controlled banks' lending to date detailed
Brash warns the Govt risks being held liable for a bank or insurance company collapse, as the RBNZ's taking on too much responsibility as the regulator
3rd Oct 15, 7:02am
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Brash warns the Govt risks being held liable for a bank or insurance company collapse, as the RBNZ's taking on too much responsibility as the regulator
Early days of ICBC's NZ lending dominated by corporate loans, although the bank's also writing residential mortgages
11th Sep 15, 4:02pm
Early days of ICBC's NZ lending dominated by corporate loans, although the bank's also writing residential mortgages
China Construction Bank has borrowed more than it has lent in NZ so far & breached its banking registration conditions
28th Aug 15, 12:01pm
China Construction Bank has borrowed more than it has lent in NZ so far & breached its banking registration conditions