"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
Survey highlights ongoing distrust of banks despite regulatory effort to change perceptions