Displaying items by tag: Interest rates

Branchless digital bank Volt Bank says it has started “onboarding” a selection of early-adopter customers from its 40,000 waitlist, while announcing a ‘no catches’ ongoing base interest rate of 2.15 per cent on savings, ahead of a public launch planned for early 2020.

Some money lending websites in New Zealand are “potentially” not complying with disclosure rules by failing their obligations to clearly and prominently display costs of borrowing for consumers, according to the competition enforcement and regulatory agency, The Commerce Commission.

The outlook is bleak for the IT sector, with demand for executives falling two months in a row as the national economy struggles to gain traction.