loan arrears
Heartland Bank is chipping away at car loan troubles but Forsyth Barr analysts say tough times for the bank aren’t over yet
18th Apr 25, 8:03am
3
Heartland Bank is chipping away at car loan troubles but Forsyth Barr analysts say tough times for the bank aren’t over yet
Latest RBNZ figures show a split between mortgage holders opting to go for floating rates and those pushing out to longer fixed terms
1st Apr 25, 12:20pm
4
Latest RBNZ figures show a split between mortgage holders opting to go for floating rates and those pushing out to longer fixed terms
Heartland is offering three-year reverse mortgage loans for retirees 'moving from one stage of retirement to another'
31st Mar 25, 11:53am
Heartland is offering three-year reverse mortgage loans for retirees 'moving from one stage of retirement to another'
A surge in non-performing mortgage loans is a reminder that even though interest rates are now falling, this is not necessarily going to lift the economy as quickly as we would hope
7th Mar 25, 5:00am
29
A surge in non-performing mortgage loans is a reminder that even though interest rates are now falling, this is not necessarily going to lift the economy as quickly as we would hope
Credit bureau Centrix says 23,700 home loans are past due, a 6% year-on-year increase
4th Mar 25, 5:00am
17
Credit bureau Centrix says 23,700 home loans are past due, a 6% year-on-year increase
Latest RBNZ figures show non-performing housing loans rose $165 million in January - the biggest monthly surge since June 2020 during the pandemic
3rd Mar 25, 10:59am
18
Latest RBNZ figures show non-performing housing loans rose $165 million in January - the biggest monthly surge since June 2020 during the pandemic
[updated]
Heartland’s half-year net profit drops to $3.6m, winding down home loan portfolio, eyeing retirement village product
27th Feb 25, 10:41am
1
Heartland’s half-year net profit drops to $3.6m, winding down home loan portfolio, eyeing retirement village product
ANZ New Zealand catches ANZ Australia in a measure it'd rather be behind in
21st Feb 25, 9:20am
ANZ New Zealand catches ANZ Australia in a measure it'd rather be behind in
Heartland’s $49.6m loan impairment raises concerns about its systems and policies, according to Forsyth Barr analysts who say market confidence in the bank will take time to rebuild
19th Feb 25, 5:16pm
Heartland’s $49.6m loan impairment raises concerns about its systems and policies, according to Forsyth Barr analysts who say market confidence in the bank will take time to rebuild
[updated]
Weak NZ economy and more proactive and prescriptive approach to loan arrears leads to almost $50m impairment for Heartland, shares tank
18th Feb 25, 10:14am
28
Weak NZ economy and more proactive and prescriptive approach to loan arrears leads to almost $50m impairment for Heartland, shares tank
Reserve Bank figures show $1.58b rise in bank mortgage stock in October; amounts on floating mortgage rates rose by the most in over 13 years
2nd Dec 24, 2:29pm
21
Reserve Bank figures show $1.58b rise in bank mortgage stock in October; amounts on floating mortgage rates rose by the most in over 13 years
[updated]
Heartland Group Holdings says car loans and asset finance struggling, liquidations hitting forestry and transport customers
26th Nov 24, 12:28pm
3
Heartland Group Holdings says car loans and asset finance struggling, liquidations hitting forestry and transport customers
[updated]
ANZ NZ annual profit drops 2% as net interest margin falls while expenses and hedging losses rise
8th Nov 24, 10:03am
37
ANZ NZ annual profit drops 2% as net interest margin falls while expenses and hedging losses rise
[updated]
BNZ net profit driven by lending and deposit growth but offset by lower net interest margins and higher operating costs
7th Nov 24, 10:10am
4
BNZ net profit driven by lending and deposit growth but offset by lower net interest margins and higher operating costs
Latest Reserve Bank figures show over $70 billion worth of mortgages is due to be refixed before the end of 2024
4th Nov 24, 2:43pm
29
Latest Reserve Bank figures show over $70 billion worth of mortgages is due to be refixed before the end of 2024