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RBNZ lifts cash rate to 1%
As widely expected, the Reserve Bank of New Zealand raised the official cash rate 25 basis points to 1 per cent yesterday.
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Latitude scales up by buying Humm’s consumer business
Latitude will acquire Humm’s consumer business, which includes buy now pay later (BNPL), instalments and cards, in a bid to...
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RBNZ work continues on a CBDC
New Zealand needed to decide how best to use digital technology to modernize central bank money while continuing to ensure cash...
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RBNZ hires Karen Silk to bolster its executive leadership team
Westpac New Zealand’s Karen Silk is the Reserve Bank of New Zealand’s latest appointment as part of its drive to expand and refresh...
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ANZ’s Mark Harding promoted to global head of financial institutions group
Mark Harding started his new role as global head of the financial institutions group (FIG) at ANZ yesterday.
Based in...
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Westpac: NZ central bank to hike rates this week: Puts RBNZ ahead of Australia and the US
Westpac economist Michael Gordon expects the New Zealand central bank to lift the official cash rate by 25 basis points next week...
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RBNZ warns Westpac for failing to report 8,000 transactions
New Zealand’s central bank has issued a formal warning to Westpac’s New Zealand business for failing to report almost 8,000...
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NZ central bank moves to further tighten lending standards
New Zealand’s central bank has moved to further restrict access to mortgages in a bid to dampen rising house prices ...
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Kiwi BNPL firm takes flight
New Zealand buy now pay later operator Lay-by has successfully raised $35 million to further its push in the UK market.
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New Zealand green lights open banking
The New Zealand government is seeking submissions on what a consumer data right could look like effectively paving the way to...
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Introducing the winners of the New Zealand Banking Innovation Awards 2020
RFi Group has announced the Winners of the New Zealand Banking Innovation Awards 2020.
The awards are given to...
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RBNZ’s new capital framework in line with expectations
Despite the increase capital requirements slapped on Australia’s big four, the Reserve Bank of New Zealand new capital framework...
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