Still waiting for business lending revival: ASB

Still waiting for business lending revival: ASB
Jenny Ruth
Business sentiment is improving but it hasn't yet tipped over into appetite for borrowing, according to ASB Bank chief executive Vittoria Shortt."I think the sentiment is changing but we haven't yet seen that play through into a material shift in demand for lending," Shortt told BusinessDesk.While economic data has been surprisingly strong lately, most businesses are still assessing the environment and the ongoing impact of the covid-19 pandemic. That data included the unemployment rate falling to 4.9 percent in the Decem...

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025
Aussie fund manager Shaws buys Devon Funds
Finance

Aussie fund manager Shaws buys Devon Funds

The deal is the latest tie-up between Australian and NZ funds managers.

Staff reporters 24 Jun 2025