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Andrew Thorburn

ASB chief to chair New Zealand Bankers' Association

Wellington, May 14 NZPA- The New Zealand Bankers' Association has elected ASB Bank Ltd chief executive Charles Pink its chairman for 2010/11. Bank of New Zealand chief executive Andrew Thorburn is the new deputy chairman. Nine registered banks are members of the association.

BNZ half year cash earnings $255m

BNZ half year cash earnings $255m
Wellington, May 6 NZPA - Bank of New Zealand reported cash earnings of $255 million for its core New Zealand banking operations in the six months to the end of March.

Banking Tax Settlement `Good For Both Sides'

Banking Tax Settlement `Good For Both Sides'
Wellington, Dec 24 NZPA - A $2.2 billion stocking filler tax settlement is something of a win-win for both the Government and the country's four main banks on the eve of Christmas, says a banking academic.

Banks Settle With IRD -- $2.2b Present For Taxpayer

Banks Settle With IRD -- $2.2b Present For Taxpayer
Wellington, Dec 23 NZPA - Four major banks tonight settled long-running disputes with the Inland Revenue Department (IRD), and will pay 80 percent of the amount in dispute, more than $2.2 billion.

Banks Settle Long Running Tax Dispute -- Pay Taxpayer $2.2b

Wellington, Dec 23 NZPA - Four major banks tonight settled long-running disputes with the Inland Revenue Department (IRD), and will pay 80 percent of the amount in dispute, more than $2.2 billion.

BNZ Core Bank Earnings Down, Institutional Earnings Up

BNZ Core Bank Earnings Down, Institutional Earnings Up
Wellington, Oct 28 NZPA - Earnings are down in Bank of New Zealand's core New Zealand banking business but the institutional business had a bumper year, care of volatile financial markets.

BNZ Core Ops Cash Earnings Down 12.9 Pct Year-on-year

BNZ Core Ops Cash Earnings Down 12.9 Pct Year-on-year
Wellington, Oct 28 NZPA - Bank BNZ reported a 12.9 percent drop year-on-year in reported cash earnings to $420 million for its core NZ Banking operations.

Westpac Tax Ruling Awaited

Westpac Tax Ruling Awaited
Wellington, Oct 7 NZPA - Investors will know by lunchtime tomorrow whether Westpac Banking Corp has to pay a tax and interest rate bill of $903 million.

BNZ To Appeal Structured Finance Transaction Tax Case

BNZ To Appeal Structured Finance Transaction Tax Case
Wellington, Aug 11 NZPA - Bank of New Zealand has decided to appeal the tax case it lost in the High Court last month and is making a $661 million provision for the case in it accounts.

BNZ Drops Fees On Overdrawn Accounts

BNZ Drops Fees On Overdrawn Accounts
Wellington, July 29 NZPA - BNZ its dumping its penalty fees for accounts that go into the red because of insufficient funds, in a bid to improve its image and win new customers.

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