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Veda Advantage & EC Credit Control Sign Partnership

Veda Advantage & EC Credit Control Sign Partnership
Wellington, May 6 NZPA - Australasian credit agency EC Credit Control will be able to provide services from credit information provider Veda Advantage, under a joint endeavour agreement.

Fitch Affirms Fonterra's 11-Minus Rating, But Wary Of Debt Ratio

Fitch Affirms Fonterra's 11-Minus Rating, But Wary Of Debt Ratio
Wellington, Jan 20 NZPA - International credit agency Fitch Ratings says increases in Fonterra's gearing debt to equity ratio of 57.4 percent at July 2008 -- is "significantly outside" the co-operative's internal parameters of 45-50 percent.

Academic Calls For Finance Sector Law To Be Fast-tracked

By Kent Atkinson of NZPA Wellington, July 24 NZPA - Massey University financial investment expert Chris Malone says it is a concern that the finance sector crisis has not been adequately addressed by the Government and the Reserve Bank.

Hanover Rating Downgrade Raises Questions About Credit Ratings

The decision by credit agency Fitch Ratings to downgrade Hanover Finance's rating today, a day after the finance company announced it would default on interest payments, raises questions about the effectiveness of credit ratings to help investors.

Marac Gets S&P Rating

Melbourne, June 11, NZPA - Marac Finance has been given a BBB- long-term rating by credit agency Standard and Poors. S&P also gave the finance company a short term rating of A-3 with a stable outlook.

Alarm Bells At Briscoes May Be General Warning For Economy

By Simon Louisson of NZPA Wellington, May 7 NZPA - Alarm bells ringing at bellwether stock Briscoe Group may be a general warning for the economy.

Even RB Getting Nervous As Economic Alarm Bells Ring

By Simon Louisson of NZPA Wellington, May 7 NZPA - Economists said today even the Reserve Bank is getting nervous as economic alarm bells start to clang louder.

Alarm Bells At Briscoes May Be General Warning For Economy

By Simon Louisson of NZPA Wellington, May 7 NZPA - Alarm bells ringing at bellwether stock Briscoe Group may be a general warning for the economy.