Articles tagged with 'SBS'
21 October 2019 - SBS Bank has undergone a rebrand and slashed its two year rate as it aims to take on the big four lenders.
20 September 2019 - Good morning.
As Spring kicks in, another bank has slashed mortgage rates.
SBS Bank’s 3 year rate drops to 3.89%, level with ASB. Check out our...
12 August 2019 - It's an action-packed Monday. Plenty of rate cuts to report this morning and from over the weekend.
ANZ has made cuts across its fixed rate range,...
5 August 2019 - Over the weekend, SBS Bank introduced a series of rate cuts for its shorter term fixed offerings. Its special 1-year, 18 month, and 2-year rates are now...
8 July 2019 - SBS has made more mortgage rate cuts this morning, slashing 1-year, 18-month, and 2-year rates. Check out the bank's new offers here: [READ ON]...
1 July 2019 - Some rate cuts to report this morning. Over the weekend SBS Bank cut its two-year special, and this morning, TSB has cut its two-year products. See how...
9 June 2019 - SBS Bank is changing the way it distributes home loans through advisers which will see it slash the number of brokers it deals with.
23 May 2019 - Four smaller banks have warned that the Reserve Bank's new capital proposals could inadvertently widen the competitive gap between them and the big four.
12 March 2019 - Martine Milicich, a senior banker at SBS responsible for retail distribution, has left the Southland lender to join HSBC.
17 December 2018 - Two smaller banks have followed the big four in ending their sub-4% special rates, as mortgage rates creep up to more normal levels.
26 October 2018 - Invercargill-based bank SBS has scrapped volume-based commission and changed its remuneration model for advisers, as lenders respond to Australia's Sedgwick report.
29 May 2018 - SBS Bank chief executive Shaun Drylie explains the banks latest profit result, what it's doing with mortgage advisers and his thoughts on the current state of the housing market.
18 April 2018 - The two industry veterans behind Mortgage People, Carey Brunel and Glenn Christie, have launched a new online mortgage adviser and price comparison site.
26 March 2018 - New Zealand’s small banks increased their lending at higher growth rates than the major banks in the three months to December, according to a new report from KPMG.
2 October 2017 - SBS has launched a new 10-year capital bond.
1 August 2017 - The bank says around a third of its business now comes from advisers and chief executive Shaun Drylie gives his views on commission models.
24 July 2017 - The Warehouse is to sell its financial services division to SBS and Finance Now for $18 million.
14 July 2017 - The bank says around a third of its business now comes from advisers and chief executive Shaun Drylie gives his views on commission models.
20 June 2017 - SBS is the latest bank to report its annual results and it's a goodie with a record annual profit [Read On]
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20 June 2017 - SBS Bank’s result for the financial year to 31 March 2017 includes its strongest ever net surplus of $27.4 million, up 37% from $20.0 million the previous year.
29 May 2017 - SBS has today made a couple of 10 basis point increases to its home loans in the mid-length terms. Also this week expect to see the Invercargill-based...
29 March 2017 - SBS Bank has raised its floating rate to 5.79%. This change is effective immediately for new loans and comes into effect for existing loans in a month's...
10 February 2017 - Advisers may find it a lot tougher to get their clients cash back this year as banks clamp down on sweeteners.
29 November 2016 - SBS Bank national manager intermediaries, James Tufui has won the inaugural Wayne Evans Excellence in Leadership Award.
It is an internal bank award for...
29 November 2016 - SBS Bank has reported a 49% increase in its net profit, for the first six months of the year and that has been helped by its move in the mortgage broker market.
20 July 2016 - [UPDATED - ANZ position added] Three banks, and Sovereign, have introduced tougher new LVR rules for property investors.
24 June 2016 - SBS Bank has reported its operating surplus for the year to March 31 has increased 6% from $26.1 million to $27.7 million.
14 June 2016 - Former ASB executive Shaun Drylie has been appointed as SBS's new group chief executive, following the sudden death of Wayne Evans earlier this year.
“Shaun’s...
15 January 2016 - SBS have announced its interim chief executive.
7 January 2016 - Wayne Evans, Group CEO of SBS Bank, died suddenly yesterday afternoon, of natural causes.
“Wayne was a vibrant and respected leader of our organisation,"...
23 November 2015 - SBS Bank is offering a special one-year fixed home loan rate of 3.99%. This offer, which is available for a limited time, coincides with SBS Bank’s brand...
23 November 2015 - To mark a rebranding one bank is offering a one-year home loan rate of 3.99% More details here.
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29 July 2015 - SBS has appointed Dunedin-based lawyer Anne McLeod to its board of directors.
23 July 2015 - Little surprise followed the Reserve Bank’s OCR cut this morning - and further cuts are now generally expected to come this year.
15 June 2015 - Today we have compared standard home loan rates from five lenders. The results are interesting.
4 May 2015 - SBS has today rolled out a 5.35% special rate for two, three and five year fixed home loans. These are for for new customers with at least $100K...
27 February 2015 - SBS Bank’s push into the Auckland market, with the use of mortgage advisers, is starting to pay off.
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