BNZ - Latest News [Page 2]
HY24 Results: Resilient Result In Subdued Economic Environment
Thursday, 2 May 2024, 10:22 am | BNZ
Bank of New Zealand (BNZ) today announced a statutory net profit of $762 million for the six months to 31 March 2024, a decrease of $43 million or 5.3% on the prior year. More >>
BNZ Launches Tech Business Hub To Empower Early-stage Technology Businesses
Wednesday, 17 April 2024, 8:34 am | BNZ
It offers BNZ customers access to bankers with specific training and expertise who are equipped to offer financial services to address the unique challenges and opportunities faced in the technology industries. More >>
BNZ Warns Of Increased Tax Scams As Tax Time Approaches
Wednesday, 27 March 2024, 10:56 am | BNZ
As tax time approaches, Bank of New Zealand (BNZ) is urging New Zealanders to be alert to the heightened risk of tax-related scams. “The end of the financial year is a prime opportunity for scammers, who take advantage of tax time to trick and ... More >>
Douglas McKay To Retire From The BNZ Board
Friday, 15 March 2024, 11:35 am | BNZ
BNZ today announced that Douglas McKay, ONZM, is retiring as a director of BNZ, effective 31 May 2024. Mr McKay has been a member of the BNZ Board since 5 March 2013 and has been the Chair since 1 August 2015. The BNZ Board has appointed Warwick ... More >>
From Red Roses To Red Flags - BNZ Warns Of Increase In Relationship Scams Ahead Of Valentine’s Day
Wednesday, 14 February 2024, 10:50 am | BNZ
On Valentine’s Day, BNZ is warning Kiwis to be wary of scammers with its customers reporting a 43% increase in relationship and romance scams over the past year. “There were 167 reported cases in 2023 - and they’re only the ones that we know about ... More >>
Unlocking Home Ownership Aspirations For Iwi Housing - BNZ And Ngāti Whātua Ōrākei Collaborate On Papakāinga Development
Thursday, 11 January 2024, 10:55 am | BNZ
Thanks to a new funding framework which enables lending for housing on iwi land, 24 new whānau homes are under construction on Hawaiki St, Ōrākei in Tāmaki Makaurau Auckland. Bank of New Zealand (BNZ) collaborated with the central Tāmaki tangata ... More >>
BNZ Foundation Backs Marine Restoration, Social Vehicle Leasing & Community Support Network In 1st Round Of Partnerships
Thursday, 30 November 2023, 11:01 am | BNZ
Restoring marine biodiversity, empowering low-income families with affordable low-emissions transport, and developing new ways to support New Zealanders facing financial difficulty are the focus of three projects selected for support through the BNZ Foundation's ... More >>
BNZ Expands Investment Offering By Launching High Growth Funds For The BNZ KiwiSaver Scheme And YouWealth
Tuesday, 28 November 2023, 10:39 am | BNZ
From today, members of the BNZ KiwiSaver Scheme and investors in YouWealth have the option of investing into High Growth Fund options. The two High Growth Funds invest 100% in growth assets, providing the potential for higher returns for those ... More >>
BNZ FY23 Results: Solid Performance As Economy Slows
Thursday, 9 November 2023, 10:03 am | BNZ
BNZ announced a statutory net profit of $1,509 million for the 12 months to 30 September 2023, up 6.7% or $95 million on the previous year. The result reflects a strong first half, with a decline in Net Profit of 12.5% in the second half reflecting the broader ... More >>
Boost For Early Breast Cancer Detection In New Zealand
Wednesday, 4 October 2023, 9:33 am | BNZ
The mission to improve the rates of early breast cancer detection in New Zealand has been given a three tonne, 188 horsepower boost, with BNZ gifting a Mercedes-Benz Sprinter van to Breast Cancer Foundation New Zealand’s fleet of breast health education ... More >>
BNZ Scores Naming Rights Partnership With The NZ Breakers; Teams Up With Kiwi Hoops To Grow Grassroots Basketball
Thursday, 10 August 2023, 11:21 am | BNZ
The New Zealand Breakers, the country’s top professional basketball team, are set to embark on a new chapter as the BNZ Breakers, thanks to a new naming rights partnership with the Bank of New Zealand (BNZ). The naming rights partnership was ... More >>
BNZ And Volley Announce Agreement To Bring “request To Pay” App To New Zealand
Monday, 24 July 2023, 9:02 am | BNZ
Imagine you've just enjoyed a dinner out with friends. Instead of splitting the bill with multiple cash or card transactions at the restaurant, you simply create a payment request on your phone and share it with your friends. They then approve ... More >>
$7 Social Return For Every Dollar Invested In Debt-busting Social Enterprise Money Sweetspot – BNZ Doubles Support
Tuesday, 27 June 2023, 12:46 pm | BNZ
Money Sweetspot, the social enterprise disrupting predatory lending, backed by Bank of New Zealand (BNZ), is forecast to deliver $7 in social good for Aotearoa for every dollar invested, according to a recent independent report by ImpactLab. In recognition ... More >>
BNZ Welcomes Move To 7-day Payments
Thursday, 25 May 2023, 10:53 am | BNZ
From 27 May, BNZ customers will be able to send and receive local payments seven days a week, including public holidays. The change, led by Payments NZ, is being rolled out across the banking industry and means New Zealanders will enjoy greater ... More >>
BNZ Demonstrates Its Commitment To Customers In A Turbulent 2023
Thursday, 4 May 2023, 11:21 am | BNZ
Bank of New Zealand (BNZ) released its half year results to 31 March 2023 and says a strong banking sector is important for New Zealand’s economy. BNZ is stable, well-capitalised, with strong liquidity, and the past six months has highlighted ... More >>
Increase In Scams Observed As Tax Time Approaches
Friday, 31 March 2023, 12:49 pm | BNZ
New Zealanders should take extra care to avoid scams as the end of the financial year approaches, warns BNZ’s Head of Financial Crime, Ashley Kai Fong. “Scammers frequently take advantage of current events and trends to exploit heightened public ... More >>
BNZ To Launch New Funding Model To Back Kiwi Tech Start-ups
Thursday, 30 March 2023, 2:29 pm | BNZ
Innovative Kiwi tech businesses will find it easier to raise capital thanks to a new funding option unveiled today by Bank of New Zealand (BNZ). Contracted Receivables Financing provides Kiwi high-tech manufacturing, high-tech infrastructure, software-enabled ... More >>
Insurance Payments Could Be The Next Target Scammers - BNZ Urges Customers To Be Wary
Thursday, 23 March 2023, 10:08 am | BNZ
New Zealanders who have received, or who are about to receive, insurance payments following Cyclone Gabrielle and floods in the Upper North Island need to be extra vigilant of scammers, says Ashley Kai Fong, BNZ Head of Financial Crime. "Scammers ... More >>
BNZ To Remove International Payment Fees, Saving Customers $6m Per Year
Tuesday, 14 March 2023, 9:33 am | BNZ
From March 23, BNZ will become the first bank in New Zealand to remove international payment fees and overseas bank charges for transactions made online. "New Zealanders are passionate about connecting with the world, and we want to make it easier to ... More >>
BNZ Donates $100,000 To KidsCan To Support Families Impacted By Cyclone Gabrielle And Recent Floods
Monday, 27 February 2023, 11:23 am | BNZ
Bank of New Zealand (BNZ) has donated $100,000 to KidsCan to help support children affected by recent severe weather events. BNZ CEO Dan Huggins says, “We are continuing to look for ways to help those who have been hardest hit by the devastating weather ... More >>