Latest Deposit Rate News

OPI's receivers struggling to collect on parent's guarantee

Tuesday 15 May 2012

OPI Pacific Finance's receivers aren't having much luck in collecting on supposed guarantees provided by its Australian parent. In their latest statutory report, Colin McCloy and Maurice Noone of PricewaterhouseCoopers say they have claimed A$418 million (NZ$536.2 million) from Octaviar, OPI's Australian parent company, and an Octavier subsidiary, both of which are in liquidation themselves. The More »

Rates round-up: May 14

Monday 14 May 2012

Term deposit rates fall; Asset Finance remains in limbo; Govt bond sale fails More »

Rates round-up: May 7

Monday 7 May 2012

SCF fraudster sentenced; local government bonds popular; bank funding requirements change More »

SCF receivers repay govt a further $125m

Friday 4 May 2012

South Canterbury Finance's (SCF) receivers realised a further $148.2 million from asset sales and loan collections and repaid the government a further $125 million in the six months ended February 29. More »

MORE NEWS »

Special Offers

Institution	Rate	Term	More	Minimum	Action
	4.50%	On call	More RaboDirect is offering a special 1.10% bonus interest rate for new customers for their first four months. At today's rates that's 4.50%. The 1.10% bonus is for deposits up to $1 million on top of the standard on call rate which is currently 3.40%. Offer ends 31st May 2012.	n/a

Please note: Institutions pay to have their interest rates listed on this page. These offers are usually for a limited time. Please check with the institution direct to confirm details.

More News

Rates round up: April 23

Rates Round Up: April 16

FMA’s case against Hanover revealed

Lombard directors appeal convictions

Heartland edges toward meeting annual profit forecast

High Court temporarily freezes NZF Group's assets

NZF Money's receivers sue, allege insolvent transaction

Bridgecorp directors found guilty

Bank debt issues could be raging buys

Allied Farmers granted another year's life by finance coy receivers

Hujich family sells NZF Group shares

NZF likely to convert its $18m capital notes to equity

Rates round-up: March 26

SFO investigating NZF Group

Fortress wins with Capital + Merchant; investors lose

NZF Money's investors likely to receive 25c to 42c in the dollar

Rates round-up: March 19

Heartland says NZ needs greater control of its finance industry

Rates round-up: March 12

Blue Star unlikely to meet forecasts, may breach banking covenants

Rates round-up: March 5