Savers appear to be missing out on higher interest rates by keeping their money in transaction accounts rather than in term deposits. Speaking to the Herald.
Bank of New Zealand (BNZ) today announced a statutory net profit of $762 million for the six months to 31 March 2024, a decrease of $43 million or 5.3% on the prior year.
Two investment scam victims due to receive nearly $300,000 in compensation from BNZ have been knocked back in their bid for a full refund of their lost.
The man who led the $70 billion New Zealand Superannuation Fund for five years will chair a triple finance firm merger, soon to be one of the country’s.
A family-owned boat business placed in receivership owes $16.58 million to creditors, including two major banks and numerous marine equipment suppliers..