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.
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.
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.
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.
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.