Posts Tagged ‘lenders’
Banks must continue to Lend »
The Reserve Bank says that banks must continue to lend to "creditworthy" borrowers. In releasing its six-monthly Financial Stability Report today, the central bank warned that credit growth had slowed in recent months. "Lending criteria have tightened and some businesses are reporting difficulties in obtaining credit," RBNZ Deputy Governor Grant [...]
Cheap not always the easy option »
Home loan rates are falling sharply as lenders follow the lead set by the Reserve Bank’s reductions in the official cash rate. But cheap does not necessarily mean easy. Thursday, February 12th 2009, 11:22AM by Maria Scott Anecdotal evidence from the market suggests funds are still not flowing freely despite the steps taken internationally to [...]
