The funding is available over a two-year period running until Dec. 6 this year
"Interest rates are expected to keep lifting over time as the world gets past the worst of the pandemic"
He is "an experienced senior leader with a track record of empowering dedicated and skilled people"
New rate lower than big four banks’ offer
Credit scores affect a borrower’s chances of getting a mortgage, but lenders also consider other factors
Rate third lowest in the market
He says it is likely to see defaults amid its 2,500+ deferrals
The team includes a new CEO, marketing manager and head of compliance
The move has undercut the bank’s Australian competitors
Move reflects the firm’s ongoing commitment to “doing right” by Kiwis