Lending stories
Indian financial services firm True Balance appoints Souparno Bagchi as COO and Himanshu Jaggi as principal product manager to boost expansion efforts.
Mambu is a SaaS banking platform, providing technology to banks and others to power lending, deposit and other banking products.
Fujitsu has entered new territory by commencing sales in Japan of cloud-based solutions for lending and leasing businesses - with APAC next.
Increased interest from tertiary sector prompts promotion and new appointment by technology leasing specialists.
Tighter, costlier credit is set to deepen New Zealand's housing downturn, with CoreLogic warning of more price falls and weaker sales.
Lower borrowing costs are expected to bolster New Zealand property demand, with record-low interest rates giving buyers greater certainty and confidence.
Tight housing supply and surging demand are pushing Dunedin values up 17% a year, with buyers still outpacing new listings.
Cloud Lending Solutions asserts the partnership will enable Fujitsu to provide a cloud-based loan and leasing software to their customers.
Prometheus Finance, the Wellington-based finance company with a mandate for socially responsible lending, has called in receivers after failing to.
Departing Real Estate Institute chief executive Helen O'Sullivan said the Reserve Bank's decision to continue the loan-to-value ratio restrictions.
The New Zealand dollar touched a month-low against the US dollar as the greenback broadly strengthened on optimism about the US economy and after t.
Westpac New Zealand, the local unit of Australia's Westpac Banking Corp, reported a 13 percent rise in annual cash earnings to $864 million helped.
