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deposit rates

News Archive - March 2007

1 Mar 2007South Canterbury grows debentures by $220m
South Canterbury Finance has increased assets to more than $1.5 billion after a strong first half to December 31, recording a 39% increase in net profit before tax compared to the same period last year.
9 Mar 2007Another payment to National Finance 2000 investors
National Finance 2000 investors get second payment of capital.
10 Mar 2007Banks increase term rates
There’s a raft of rate increases coming through following the Reserve Bank’s official cash rate increase.
13 Mar 2007Result shows confidence in finance companies
A second of the big finance companies, Strategic Finance, has announced a solid profit for the six months to December.
19 Mar 2007Commission bans finance company
The Securities Commission has stopped a company raising $15 million from the public.
19 Mar 2007Deposit rate news briefs
26 Mar 2007Strategic all go with Allco
ASX-listed global financial services company Allco Finance Group has completed its acquisition of Strategic Finance, through fellow listed company Allco HIT.
27 Mar 2007Deposit rate news briefs
Finance company placed in admin, Rated Mortgage Bonds fall short, Provincal debenture holders to get less than previously predicted, New Vector offer.
30 Mar 2007Hanover sells Nationwide Finance
Allied Farmers is to buy Hanover’s Nationwide Finance in a deal worth $33 million.

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Rabobank 0.75
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Today's Top 5 Deposit Rates
InstitutionRateProduct
NZCU Auckland 1.00 Success Saver
First Credit Union 0.75 Online Savings
Rabobank 0.75 Rabobank PremiumSaver - max rate
Heretaunga Building Society 0.60 On Call
NZCU Baywide 0.60 Success Saver
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ANZ 0.10 0.10 0.11
ASB Bank 0.05 0.41 0.42
ASB Bank 0.05 0.59 0.56
ASB Bank 0.05 0.61 0.64
ASB Bank 0.08 0.66 0.69
ASB Bank 0.08 0.72 0.75
BNZ 0.10 0.10 0.10
Heartland Bank 0.40 0.40 0.40
Kiwibank 0.05 - -
Kiwibank 0.25 - -
Nelson Building Society - - -
SBS Bank - - -
TSB Bank 0.25 0.25 0.26
Westpac 0.35 0.36 0.38
Westpac 0.05 0.05 0.05
Westpac 0.35 0.36 0.38

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