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deposit rates

News Archive - February 2006

7 Feb 2006Finance company news briefs
WesternBay Finance ordered to reissue prospectus, Dominion Finance to raise $40 million, PRG sale unconditional, Provincial Finance doubtfuls increase.
9 Feb 2006Finance companies disappointed with Rapid Ratings' departure
After four years trying to build up a business out of providing finance companies with both quantitative and qualitative credit ratings, Rapid Ratings has decided to pull out of that segment of the market.
14 Feb 2006Rabobank aims to shake market
Rabobank is determined to shake up the savings and investment market with the launch of a new product offering sharp rates, no fees, and flat interest rate structures.
21 Feb 2006Picking the right finance company
Investors and advisers looking at finance companies need to be more discerning – especially as the economy slows this year, says McDouall Stuart’s Stephen Eaton.
23 Feb 2006Deposit rate news briefs
Fastsaver growing fast, South Canterbury Finance looks for CFO, Avon raises capital successfully, S&P on Western Bay Finance accounts.

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Cash PIE Rates
Institution Rate 33% 39%
ANZ 3.00 3.09 3.22
ASB Bank 3.15 3.29 3.44
BNZ 3.66 3.82 3.92
Direct Broking Call Account 2.80 2.92 3.05
First Mortgage Trust 5.01 5.23 5.66
Forsyth Barr 3.50 3.66 3.95
Forsyth Barr 3.25 3.40 3.67
Forsyth Barr 2.75 2.87 3.10
Forsyth Barr 2.50 2.61 2.82
HSBC Premier 2.20 2.26 2.36
Kiwibank 2.40 2.50 2.61
Kiwibank 3.15 3.29 3.44
Marac 4.50 4.73 4.95
National Bank 3.00 3.13 3.27
Nelson Building Society 3.75 3.90 4.08
RaboDirect 3.40 3.54 3.70
SBS Bank 3.20 3.90 4.08
TSB Bank 3.75 3.90 4.07
UDC Investments 3.00 3.12 3.26
Westpac 3.00 3.13 3.27

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