SBS Bank
SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete
18th Dec 24, 3:11pm
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SBS Bank CEO Mark McLean says Kiwibank’s $500 million capital raise could strengthen competition at the top of NZ’s banking oligopoly but won’t help challenger banks to compete
ASB and Kiwibank lead way in September quarter housing lending growth
27th Nov 24, 7:44am
ASB and Kiwibank lead way in September quarter housing lending growth
ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates
29th Oct 24, 9:57am
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ASB and BNZ follow lead of New Zealand’s other major banks, cutting mortgage serviceability test rates
S&P Global Ratings raises its issuer credit rating on Liberty Financial by one notch to BBB, matching a trio of challenger banks
31st May 24, 11:01am
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S&P Global Ratings raises its issuer credit rating on Liberty Financial by one notch to BBB, matching a trio of challenger banks
Big capital increase for SBS Bank as it seeks to continue growing lending faster than overall market growth
29th May 24, 10:04am
Big capital increase for SBS Bank as it seeks to continue growing lending faster than overall market growth
We looked at all bank term deposit offers in every week for all of 2023 to find the bank consistently offering the highest rates. It was close between two aggressive challenger banks
3rd Jan 24, 3:00pm
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We looked at all bank term deposit offers in every week for all of 2023 to find the bank consistently offering the highest rates. It was close between two aggressive challenger banks
Mortgage brokers expect new government to have a positive impact on the housing market
13th Dec 23, 9:20am
Mortgage brokers expect new government to have a positive impact on the housing market
Mortgage brokers on customers' borrowing capacity, refinancing with new lenders and more
12th Dec 23, 9:15am
Mortgage brokers on customers' borrowing capacity, refinancing with new lenders and more
Which banks are the most & least competitive with mortgage interest rates & offers?
11th Dec 23, 9:35am
Which banks are the most & least competitive with mortgage interest rates & offers?
The time it takes lenders to respond has grown in importance for home loan borrowers over the course of the year
8th Dec 23, 10:26am
The time it takes lenders to respond has grown in importance for home loan borrowers over the course of the year
SBS Bank's consumer lending subsidiary Finance Now lifts lending above $1 billion for the first time
1st Dec 23, 11:38am
SBS Bank's consumer lending subsidiary Finance Now lifts lending above $1 billion for the first time
Even though wholesale rates have turned down rather sharply in the past few days, BNZ has raised its one year TD offer above any other main bank
6th Nov 23, 9:26am
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Even though wholesale rates have turned down rather sharply in the past few days, BNZ has raised its one year TD offer above any other main bank
[updated]
Many banks now offer 6.1% pa term deposit rates for any term between 6 & 36 months, but SBS Bank's new 6.7% one year special rate stands out
24th Oct 23, 10:39am
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Many banks now offer 6.1% pa term deposit rates for any term between 6 & 36 months, but SBS Bank's new 6.7% one year special rate stands out
Four NZ-owned banks suggest laws could be targeted at improving competition, or at least not harming it
11th Oct 23, 9:21am
Four NZ-owned banks suggest laws could be targeted at improving competition, or at least not harming it
[updated]
Westpac's 6% nine month TD rate shifts a main bank into the heart of where savers want to commit for term savings, and close to where challenger banks have already gone
25th Sep 23, 8:03am
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Westpac's 6% nine month TD rate shifts a main bank into the heart of where savers want to commit for term savings, and close to where challenger banks have already gone
Another main bank, ASB, now offers 6% for term deposits of 1-year, joining Kiwibank. ASB also becomes first bank to raise key 2-year home loan rate above 7%
4th Sep 23, 9:51am
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Another main bank, ASB, now offers 6% for term deposits of 1-year, joining Kiwibank. ASB also becomes first bank to raise key 2-year home loan rate above 7%
Six percent term deposit offers are more common now with 11 banks offering them. But Kiwibank is the first main bank offering 6% for a 1 year commitment. Some savers can enhance those returns by using PIEs
31st Aug 23, 2:21pm
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Six percent term deposit offers are more common now with 11 banks offering them. But Kiwibank is the first main bank offering 6% for a 1 year commitment. Some savers can enhance those returns by using PIEs
A major bank offers 6% for a term deposit, as ANZ raises some key rates and adopts that rate for an 18-month term
22nd Aug 23, 7:04pm
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A major bank offers 6% for a term deposit, as ANZ raises some key rates and adopts that rate for an 18-month term
[updated]
Higher interest rate offers are motivating savers into term deposits at a faster rate. And the trend may speed up if the big banks crack the 6% mark
27th Jul 23, 1:48pm
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Higher interest rate offers are motivating savers into term deposits at a faster rate. And the trend may speed up if the big banks crack the 6% mark
SBS Bank pushes its one year term deposit rate offer to a 15 year high of 6.5% and well above every other bank. We are moving into an unfamiliar zone where some TD offers are higher than inflation
14th Jul 23, 4:30pm
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SBS Bank pushes its one year term deposit rate offer to a 15 year high of 6.5% and well above every other bank. We are moving into an unfamiliar zone where some TD offers are higher than inflation
As the Commerce Commission's banking market study gets underway, Gareth Vaughan looks at the impact of regulation on competition
14th Jul 23, 8:32am
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As the Commerce Commission's banking market study gets underway, Gareth Vaughan looks at the impact of regulation on competition
Banks raise housing, business & agriculture loan provisions, have work to do on regulatory capital, see returns on equity fall
6th Jun 23, 7:37am
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Banks raise housing, business & agriculture loan provisions, have work to do on regulatory capital, see returns on equity fall
Annual lending at SBS Bank's Finance Now surges, with car loans leading the way
31st May 23, 9:48am
Annual lending at SBS Bank's Finance Now surges, with car loans leading the way
Three banks now offer 6% for a one year term deposit. That is the current peak offer point. However it isn't clear that the majors will follow
12th May 23, 5:01am
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Three banks now offer 6% for a one year term deposit. That is the current peak offer point. However it isn't clear that the majors will follow
Term deposit rate increases are starting to filter through although they are limp new offers with banks falling further behind the OCR policy signals
14th Apr 23, 12:50pm
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Term deposit rate increases are starting to filter through although they are limp new offers with banks falling further behind the OCR policy signals