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deposit rates

News Archive - May 2007

1 May 2007M&As good for fin coy sector
Standard & Poor's believes that the current trend of mergers and acquisitions in the New Zealand finance company sector will continue and ultimately should have a strengthening effect on the industry, lessening some industry risks that are currently apparent.
3 May 2007Deposit rates news briefs
South Canterbury joins up with Kelt, Compass rating reviewed, PPCS bond yields leap in `scary' signal, Nationwide goes unconditional on Hanover.
9 May 2007Deposit Rates Briefs
Allied to merge Nationwide, Bonus Bonds millionaire.
16 May 2007BNZ says TotalMoney and Term Saver can be online savings accounts
It seems Bank of New Zealand's recently launched TotalMoney accounts aim to be all things to all people.
24 May 2007Changes in finance sector accelerating
Standard & Poor's says it has observed an increased pace and urgency for change in New Zealand finance companies, driven mainly by impending regulatory developments.
30 May 2007Aust finance company operating in NZ collapses
An Australian property investment group, that had been raising funds in New Zealand, has gone into voluntary administration.

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Today's Best Bank Rates
Rabobank 0.75
Based on a $50,000 deposit    More Rates »
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
Based on a $50,000 deposit    More Rates »
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Cash PIE Rates
Institution Rate 30% 33%
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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