About Us  |   Advertise  |   Contact Us  |   Terms & Conditions  |   RSS Feeds
deposit rates

News Archive - December 2007

2 Dec 2007Cymbis put on negative credit watch
Credit rating agency Fitch Ratings has placed Cymbis, a company related to Capital + Merchant finance, on negative watch, but has not lowered its ratings.
4 Dec 2007Banks play cat and mouse over deposit rates
The big news in the finance company sector last week was the collapse of Capital + Merchant, but that hasn't slowed down competition between remaining players.
4 Dec 2007Putting cash into PIEs
While many other asset classes have development PIE compliant funds to take advantage of the new rules which came into play on October 1, it has taken until this week for the first tax-efficient cash fund to be launched.
4 Dec 2007Advisers in spotlight over fin coy collapses
KPMG's latest financial institutions survey turns the spotlight on financial advisers and their role in recent finance company collapses.
6 Dec 2007Judgment reveals C+M's poor state
Capital + Merchant's legal attempts to stave off receivership have provided a disturbing insight into the poor shape of the business.
12 Dec 2007New online account from PSIS
PSIS has entered the highly competitive online call account market with a new product offering many of the same features as the banks.
12 Dec 2007NZ Finance gets more funding
New Zealand Finance has secured two significant lending facilities, one from ASB's parent, Commonwealth Bank of Australia (CBA), and the other from Westpac.
14 Dec 2007Provincial payout reaches 72.5%
Provincial Finance debenture holders are getting another payment of 7.5c in the dollar, taking total payouts so far to 72.5c.
17 Dec 2007Numeria follows in footsteps of Capital + Merchant
Small finance company, Numeria Finance, which is related to failed finance company Capital + Merchant Finance, has gone into receivership.
18 Dec 2007South Canterbury Finance offer closes fully subscribed
South Canterbury Finance has raised $125 million in a bond offer which closed fully subscribed.
18 Dec 2007Bridgecorp investors get bad news
Bridgecorp investors have been delivered some bad news just a week out from Christmas.
19 Dec 2007Credit Agricole sets rate
Credit Agricole has set the interest rate on its deeply subordinated notes at 10.035%.
20 Dec 2007Clegg investors get first payment
Debenture holders in collapsed finance company Clegg and Co will get their first, modest, distribution before Christmas.
21 Dec 2007Weak investor confidence frustrates companies
Instant Finance, which specialises in personal finance lending, has doubled its profit, achieving a net surplus after tax of $2.45 million for the six months ended September 30.
21 Dec 2007PSIS latest to get S&P rating
Standard & Poor's has given PSIS a BB+ credit ratings and says the rating outlook is stable.

News Archive

2022: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  
2021: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2020: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2019: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2018: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2017: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2016: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2015: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2014: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2013: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2012: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2011: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2010: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2009: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2008: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2007: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2006: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
2005: Jan  Feb  Mar  Apr  May  Jun  Jul  Aug  Sep  Oct  Nov  Dec  
Newsletter Signup

Weekly Updates including news and commentary

Today's Best Bank Rates
Rabobank 2.30
Based on a $50,000 deposit    More Rates »
Today's Top 5 Deposit Rates
Rabobank 2.30 Rabobank PremiumSaver - max rate
Co-operative Bank 2.20 Step Saver - current bonus and standard rate
Heartland Bank 2.20 Heartland Direct Call
Heartland Bank 2.20 Heartland Business Call
Heartland Bank 1.90 Heartland Term Deposit
Based on a $50,000 deposit    More Rates »
Find a Rate
Show me the rates for
invested over
Use the full calculator
Cash PIE Rates
Institution Rate 30% 33%
ANZ 0.70 - -
ASB Bank 0.55 - -
ASB Bank 0.55 - -
ASB Bank 0.55 - -
ASB Bank 0.55 - -
ASB Bank 0.55 - -
BNZ - - -
Heartland Bank 1.90 - -
Kiwibank 0.05 - -
Kiwibank 0.20 - -
Nelson Building Society - - -
SBS Bank - - -
TSB Bank 0.25 0.25 0.26
Westpac 1.40 - -
Westpac 0.35 - -
Westpac 1.75 - -

More »

Latest Trends
Coming Soon

Disclaimer - Every possible effort has been made to keep the information in the tables and on this site as accurate as possible, however, neither the publisher, Tarawera Publishing, nor anyone engaged to compile the rates and this site accept any liability for inaccuracies or any loss suffered as a result. It is strongly advised that readers check loan details with providers. The full terms and conditions of this site can be found here.

© Copyright 1997-2022. Tarawera Publishing Ltd. All Rights Reserved.