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National Bank

Former Bank Manager Jailed For Mortgage Fraud

Wellington, March 12 NZPA - A former Tauranga bank manager has been jailed for defrauding her employers of more than half a million dollars. Shona Bullen, 47. a National Bank mobile manager, fraudulently loaded mortgages worth $515,000 on to and then drew down on her father's account.

NZ Dollar Falls Trades Around US51c Figure

NZ Dollar Falls Trades Around US51c Figure
Wellington, Feb 26 NZPA - The New Zealand dollar spent the day trading around the US51c figure after falling a cent against the United States dollar overnight as the greenback strengthened on its appeal as a safe haven.

NZ Dollar Trades In Narrow Range

NZ Dollar Trades In Narrow Range
Wellington, Feb 25 NZPA - The New Zealand dollar traded in fairly narrow ranges today as the US dollar rallied against the yen.

NZ Dollar Drifts Down In Lacklustre Trade

NZ Dollar Drifts Down In Lacklustre Trade
Wellington, Feb 20 NZPA - The New Zealand dollar embarked on a slow drift down today and is expected to remain hostage to events outside New Zealand next week. The NZ dollar was worth US50.36c at 5pm from US51.20c at 5pm yesterday.

Should I Get A Guarantor For A 90 - 100% Mortgage?

I made some silly decisions as a student and I am paying of the National Bank to the tune of 10K through Baycorp.

Kiwisaver Helps Boost Managed Funds In Q4

Kiwisaver Helps Boost Managed Funds In Q4
Wellington, Feb 3 NZPA - KiwiSaver investors continued to help prop up the fund management sector, which recorded the second quarter in a row of positive inflows late last year, FundSource said today.

Farmers Claim Banks Are `milking' Them With Costly Overdrafts

Farmers Claim Banks Are `milking' Them With Costly Overdrafts
Wellington, Jan 23 NZPA - Farm lobbyists say banks are milking farmers by charging unnecessarily high interest rates on overdrafts provided to farmers.

ANZ National Lowers Variable Home Loan Rate

ANZ National Lowers Variable Home Loan Rate
Wellington, Jan 21 NZPA - ANZ National is lowering its variable home mortgage rates.

Mortgage Rates Drop But Jobs Still A Concern

Mortgage Rates Drop But Jobs Still A Concern
Wellington, Jan 14 NZPA - Mortgage interest rate cuts like those announced by ANZ National Bank today may not stimulate demand for home loans because borrowers are worried about their jobs.

National And ANZ Drop Mortgage Rates

National And ANZ Drop Mortgage Rates
Wellington, Jan 14 NZPA - ANZ and National Bank have announced they are dropping their fixed-term mortgage rates ahead of the next Official Cash Rate (OCR) announcement. In a statement released today, ANZ and National said their new two-year rate would be 7 percent, down 0.20 percent.