Latest Deposit Rate News

Geneva announces early payment

Friday 3 May 2013

Geneva Finance’s moratorium repayment of $4.9 million, due on September 30, will be paid on May 8, 22 weeks ahead of schedule, the NZAX-listed vehicle loan provider said. The September 2010, March 2011, September 2011, March 2012 , September 2012 and March 2013 scheduled debenture principal repayments were also all paid early. Including this payment, Geneva has repaid more than $144 million More »

Dorchester announces structure simplification, dividends

Wednesday 1 May 2013

Dorchester has increased its profit guidance and announced it intends to pay dividends for the first time since 2007. More »

New Zealand's lack of deposit insurance unusual

Thursday 11 April 2013

New Zealand and Israel are the only OECD countries without deposit insurance for bank savings accounts. More »

Non-bank lenders under review

Thursday 4 April 2013

The Reserve Bank has asked for submissions on its review of the prudential regime for non-bank deposit takers (NBDTs). More »

MORE NEWS »

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More News

Allied Farmers may be liquidated

NZF payment freeze to continue

IRD demand adds to Allied’s woes

BNZ calls in $450m of notes

Giant ANZ bond issue to reset

Strategic breaches likely: FMA

Infratil buying back infrastructure bonds

Big moves unlikely in deposit rates

$60m settlement in Credit Sails debacle

Heartland becomes a bank

Rates round-up: December 17

Avanti Finance fined $15,000

Rates round-up: November 26

Rates round-up: November 19

Rates round-up: November 12

Rates round-up: October 23

Rates round-up: October 15

Allied Farmers auditor raises concerns

Rates round-up: October 8

Rates round-up: October 1

Heartland profit forecast downgraded, but future positive