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National Australia Bank Ltd

NZOG comes to Pike River Coal's rescue

NZOG comes to Pike River Coal's rescue
Wellington, Sept 30 NZPA - Pike River Coal Ltd has negotiated an unsecured loan facility of up to $25 million with its largest shareholder New Zealand Oil & Gas Ltd (NZOG) to provide short-term working capital while its mine on the West Coast ramps up.

Outlook for NZ banking system stable, says Moody's

Outlook for NZ banking system stable, says Moody's
Wellington, Sept 21 NZPA - Moody's Investors Service says the outlook for the New Zealand banking system is stable, reflecting the country's steady recovery from a mild recession and improved GDP growth.

Telecom fall drags New Zealand sharemarket lower

Telecom fall drags New Zealand sharemarket lower
Wellington, Sept 9 NZPA - Telecom shares ended down 5.16 percent today after the company failed to get the first bite at the Government's ultra-fast broadband cherry and the fall proved a drag on the market as a whole.

NZ Post first and Telecom last in new reputation index

NZ Post first and Telecom last in new reputation index
Wellington, Aug 27 NZPA - State-owned New Zealand Post has the strongest corporate reputation in the country and Telecom New Zealand has the worst, according to a new survey which measures such things.

BNZ names new head of retail division

BNZ names new head of retail division
Wellington, Aug 12 NZPA - Bank of New Zealand has named Andy Symons as its director of retail. He replaces Chris Bayliss, who has taken up a senior role with parent National Australia Bank.

BNZ steady in Q3 despite challenges

BNZ steady in Q3 despite challenges
Wellington, Aug 10 NZPA - The Bank of New Zealand held on to its market share in the third quarter despite ongoing intense competition, and continued reigning in poor quality assets amid weakness in the economy.

Bank uses software to beat credit-card thieves

Bank uses software to beat credit-card thieves
Wellington, June 24 NZPA - The Bank of New Zealand's novel software-based technology for reducing credit-card fraud is being rolled out in Australia by its parent company, National Australia Bank.

BNZ sells $425m of covered bonds in first sale

BNZ sells $425m of covered bonds in first sale
Wellington, June 14 NZPA - The Bank of New Zealand has got the first sale of covered bonds away in New Zealand. It has sold $425 million of five and seven year bonds to New Zealand institutions. Settlement is on June 16.

Pip Dunphy to chair NZ Clearing and Depository Corp

Pip Dunphy to chair NZ Clearing and Depository Corp
Wellington, June 11 NZPA - Pip Dunphy has been named chairwoman of New Zealand Clearing and Depository Corp Ltd (NZCC), a wholly-owned subsidiary of NZX Ltd.

Merger talks in 2008 for owners of ANZ National, BNZ: report

Merger talks in 2008 for owners of ANZ National, BNZ: report
Wellington, June NZPA - The Australian owners of the ANZ National and BNZ banks in this country were reportedly working on a possible merger in 2008.

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