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New Zealand

Fintech expands with invoice finance and factoring into New...

...has announced an expansion into New Zealand, as it looks to further capitalise on Australia’s AU$64 billion invoice finance and factoring industry... (more…)

#bank#invoice#receivables

ANZ Bank New Zealand sells its asset finance business

ANZ Bank New Zealand Ltd announced today it has agreed to sell its asset finance business, UDC Finance, for... (more…)

#ANZ#bank#financial services


SFO files 19 charges against former media agency director

New Zealand's Serious Fraud Office (SFO) has laid 19 charges against former media agency director Glenda Wynyard over NZ$2.4 million…


Lock Finance to focus on factoring with sale of...

Lock Finance has decided to focus on its core business of factoring and transactional funding and has sold certain loans…


Report: NZ payment times fall to 10 year low

New Zealand's business-to-business payment times fell to a 10-year low in the September quarter of 2012, according to credit checking…


New Zealand's ECA expands guarantees

The New Zealand Export Credit Office (NZECO) is set to make changes to widen the scope and accessibility of its…


Bibby expands into New Zealand

Bibby Financial Services has officially expanded into New Zealand this week, opening its first office in Auckland. (more…)

#bank#financial services#invoice


The New Zealand Factoring Industry

Simon Thompson, CEO of Lock Finance, provides an overview of the New Zealand factoring market, covering industry environment, market performance, supply and future trends,…

#bank#invoice#purchase order


Commercial Factors gets more aggressive

Commercial Factors Finance establishes factoring divisions in all branches of its parent company - Commercial Leasing Company Ltd. (more…)


Major Kiwi bank starts factoring

Bank of New Zealand introduces a home-built banking solution that accelerates business cash flow has been introduced to New Zealand.…

#bank#cash-flow#invoice


Canterbury earthquake will force SMEs out of business

Insolvency experts predict an increase in SMEs going bankrupt in April-May as a result of the September 4, 2010 earthquake…

HSBC consolidates its Asia Pacific team

HSBC has continued its shake up of Asia Pacific staff with the appointment of Gary Cross to head of trade…

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