WELLINGTON, March 21 (Reuters) - New Zealand's four major banks provide limited competition for personal banking services due to price-matching strategies and a lack of disruptive forces to drive ...
New Zealand's central bank on Wednesday announced it would lower some of the capital requirements for the country's banking sector following a review of the rules introduced in 2019, but requirements ...
New Zealand’s banking landscape faces significant changes as new players target different segments, potentially disrupting the big-four lenders who currently dominate, according to ASB Bank. “I don’t ...
WELLINGTON (Reuters) -New Zealand's central bank said on Monday it would review bank capital requirements this year following criticism of the regime for being too stringent and reducing competition ...
WELLINGTON (Reuters) -New Zealand's finance minister is expected to announce a new central bank chief in the coming weeks, with economists hoping the move will signal the end of a tumultuous period in ...
June 12 (Reuters) - New Zealand will conduct an inquiry to assess competition in the country's banking sector, focusing on services in rural regions, Finance Minister Nicola Willis said on Wednesday.
New Zealand's economy returned to growth in the third quarter, confirming early indications of an improvement in momentum after an extended period of weak activity and making the already remote chance ...
New Zealand banking leaders urged lawmakers to consider whether the Reserve Bank’s capital requirements are too onerous. The chairs and chief executives of three of the nation’s biggest lenders ...
They have committed to market access and national treatment, liberal foreign direct investment (FDI) norms, and a branch ...
New Zealand’s central bank has reduced its benchmark interest rate for the fourth consecutive time, lowering it by 50 basis points to 3.75% on Wednesday. The move, which aligns with economists’ ...
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Good morning, everybody. I'm Jill Campbell, ANZ's Head of Investor Relations. Thanks for joining us for the presentation of our First Half Financial Year 2024 Results. We're presenting them from ANZ's ...