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ANZ NZ Region Full Year Profit Falls 32 Pct

ANZ NZ Region Full Year Profit Falls 32 Pct
Wellington, Oct 29 NZPA - Australia and New Zealand Banking Group's underlying full year profit from the New Zealand region fell 32 percent to $628 million, driven by an almost three-fold rise in credit provisions.

New Senior Appointment At ING

New Senior Appointment At ING
Wellington, Jan 15 NZPA - Paul Butler was today announced to fill ING's new role as managing director of funds management. He will be charged with overseeing "continued growth and development of all aspects of the company's funds management business", the company said in a statement.

ING Sells Four More Properties

ING Sells Four More Properties
Wellington, Dec 24 NZPA - ING Property Trust has sold four more properties worth a total $15.1 million. This financial year the trust has now sold 13 properties for $89.5 million.

ING Sells Taupo Property

Wellington, Oct 15 NZPA - ING Property Trust is selling the Woolworths building in Taupo for $8.6 million. The trust is negotiating the sale of a number of assets, which it says are not strategic. Settlement of the sale is in December. NZPA WGT pjg rq

Tale Of Woe Among Finance Companies And Others Near $4.5 Billion

Wellington, July 30 NZPA - The amount of investor funds affected by finance companies, funds and mortgage trusts that have collapsed or defaulted in just over two years now stands at about $4.5 billion. The following is the chronology of collapses and defaults:

Market Volatility Encourages Investors To Join Kiwisaver: Survey

Wellington, July 23 NZPA - Market volatility is encouraging affluent investors to join up to KiwiSaver schemes, a new survey from KiwiSaver provider ING (NZ) shows.

Asia Pacific Investor Confidence Drops

Wellington, April 15 NZPA - The global credit crunch and sub-prime crisis in the United States saw investor confidence decline in the Asia Pacific region in the first quarter of 2008, according to an ING investor survey.

Factbox On KiwiSaver

What is it? Government-sponsored, retirement savings programme.

Credit Card Comparison TablesCompare Credit Cards - Independent interest rate and fees comparisons for New Zealand banks.