Wellington, Oct 21 NZPA - Kiwibank is increasing its fixed mortgage rates for the second time this month.

Wellington, Oct 16 NZPA - ASB Bank has raised its fixed mortgage rates today. The move comes at a time when interest rates in the wholesale money market are rising.

Wellington, Oct 9 NZPA - Kiwibank has increased many of its fixed home mortgage rates. The state-owned bank has increased its two-, four- and five-year mortgage rates by 30 basis points to 6.69 percent, 8.25 percent and 8.60 percent respectively.

Wellington, Sept 23 NZPA - New Zealand Post defended the closure or reduction in services at a handful of stores as it reported a fall in full year net profit to $71.8 million.

Wellington, Sept 23 NZPA - New Zealand Post has delivered a net profit of $71.8 million in a year of mixed results.

Wellington, Sept 17 NZPA - GE Money will offer Kiwibank branded loans under an agreement announced today. GE Money is the largest non-bank finance company in New Zealand.

By Kate Chapman of NZPA Wellington, Sept 2 NZPA - New Zealand is "using the credit card to pay the mortgage" and if it continues we will lose our sovereignty to Australia, politicians were told today.

Wellington, Sept 2 NZPA - Most banks are only interested in making as much money as possible out of their current customers, Kiwibank chief executive Sam Knowles says. But Kiwibank was focused on recruiting new customers, he told an inquiry into bank prices set up by opposition MPs.

Wellington, Sept 2 NZPA - An inquiry by opposition MPs into banks starts today, but none of the major banks will attend.

Wellington, Sept 1 NZPA - The "big four" Australian-owned banks will not make submissions to a parliamentary committee set-up by opposition MPs to investigate their behaviour.