Westpac NZ profits up, CEO to retire; Kiwibank and TSB rate cuts

Monday, May 3rd 2021, 10:57AM

Westpac New Zealand recorded a $583 million cash profit in the six months to March and has announced the imminent retirement of its chief executive, David McLean: [READ ON]

Kiwibank has slashed 2,3, and 5 year home loans this morning. Its 2-year fixed special comes in at 2.55%. 

TSB has cut its 18 month fixed home loan to 2.45%. The changes came into effect this morning. 

Take a look at all the latest market rates here.

 

 

Tags: Lending

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