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ANZ National Bank

AM Best Affirms Tower Ratings

AM Best Affirms Tower Ratings
Wellington, Aug 4 NZPA - Rating agency AM Best Co has affirmed issuer credit ratings of Tower and its subsidiaries, saying the ratings reflected the group's continued operating profitability and stable risk-adjusted capitalisation.

Receiver Says Business As Usual At ProvencoCadmus

Receiver Says Business As Usual At ProvencoCadmus
Wellington, Aug 3 NZPA - The receivers of collapsed Eftpos technology company ProvencoCadmus are trying to sell the company's businesses as going concerns and are saying it is business as usual for customers and suppliers.

Receiver Appointed To ProvencoCadmus

Receiver Appointed To ProvencoCadmus
Wellington, Aug 3 NZPA - Michael Stiassny and Brendon Gibson of KordaMentha were today appointed receivers of Eftpos technology company ProvencoCadmus.

Bank Questions Fairness Of Deposit Insurance Scheme

Bank Questions Fairness Of Deposit Insurance Scheme
Wellington, June 10 NZPA - At least one of the major banks appears uncomfortable with how the Government's retail deposit insurance scheme is affecting business.

Revamped Offer Ready For Investors In Suspended ING Funds

Revamped Offer Ready For Investors In Suspended ING Funds
Wellington, May 28 NZPA - A revamped offer to investors in two suspended ING funds avoids a unitholder vote, and requires investors to agree not to start or continue any claims or legal action related to the funds.

Business Sees Lack Of Support From Banks

Business Sees Lack Of Support From Banks
Wellington, May 6 NZPA -The Auckland Chamber of Commerce has counted 394 businesses who believe there is a lack of support for business from banks. This was out of a total of 494 respondents to a survey by the chamber over 24 hours.

ANZ National Boss To Run Australian Division For ANZ

ANZ National Boss To Run Australian Division For ANZ
Wellington, May 4 NZPA - Graham Hodges, the boss of ANZ National Bank who is returning to ANZ's head office in Melbourne, today picked up responsibility for running the bank's Australian business.

ANZ National Profit The Tale Of Two Divisions

ANZ National Profit The Tale Of Two Divisions
Wellington, April 29 NZPA - The New Zealand business of Australian bank ANZ has suffered a 31 percent fall in profit in its main banking business, offset by an 82 percent increase in profit from its institutional arm.

ANZ NZ Operations Underlying Profit Down 5 Pct From Year Earlier

ANZ NZ Operations Underlying Profit Down 5 Pct From Year Earlier
Wellington, April 29 NZPA - Australia and New Zealand Banking Group reported a 5 percent fall in underlying half-year profit from a year earlier to $494 million in its New Zealand operation.

ING Gets Out Of Interest Rate Swap

ING Gets Out Of Interest Rate Swap
Wellington, April 8 NZPA - Home owners are not the only ones paying big fees to get out of deals that fixed high interest rates.

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