It aims to help businesses manage their cashflow during these uncertain times
Mortgage deferral might not be an option for older homeowners dealing with the pandemic fallout, says bank
The Reserve Bank prohibits the payment by NZ-registered banks of distributions to their shareholders
It was one of the first sub-3% rates in the country
Living wage is the hourly rate an employee needs to afford necessities and participate in community activities
It says its digital platform will allow rates to stay low
The new name brings experience from financial institutions worldwide
He says focus should now be on supporting small businesses
New Zealand is officially in recession with more lockdowns possible