Financial Stocks

How have 5 NZX financial stocks performed in six months?

financial stocks

Financial stocks are the companies functioning in the country's financial sector, offering an array of financial services like loans, savings, insurance, brokerage, credit cards, wealth management, etc. As the backbone of the economy, these compan...

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Fitch ratings: What’s latest with ANZ (ASX:ANZ) and ANZNZ

Fitch ratings: What’s latest with ANZ (ASX:ANZ) and ANZNZ

  • April 13, 2021 08:27 AM AEST
  • Ashish

the economy along with increased uncertainty in revising its ratings for ANZ. Fitch Ratings revised the rating on long-term issuer Default Rating (IDR) for ANZ (ASX:ANZ) and its wholly owned New Zealand subsidiary ANZ Bank New Zealand Ltd (ANZN...

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Did COVID-19 Crisis Trigger Westpac Contemplate The Road Ahead For Its NZ Business?

Did COVID-19 Crisis Trigger Westpac Contemplate The Road Ahead For Its NZ Business?

Source:Vintagetone,Shutterstock As per the latest update, Westpac Banking Corporation (NZX:WBC,ASX:WBC) has been scrutinising the ownership of its NZ business, which is being considered for a demerger or being sold owing to the impact of COVID-19 on...

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One Stock Having Decent Growth Prospects For Long-term

One Stock Having Decent Growth Prospects For Long-term

Source: kan_chana, Shutterstock The impact of COVID-19 was felt on numerous sectors. However, there are some companies which are now anticipated to perform well moving forward. This company maintained impetus in 2020 on the global strategy to secure...

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 Why To include these Financial Stocks this Easter?

 Why To include these Financial Stocks this Easter?

  • April 02, 2021 12:50 AM NZDT
  • Roma

li>Have a look at the latest developments before you choose your Financial investment stock The Easter weekend stock market is hot with different stock options some performing bearish while others bullish. Financial stocks are something you can ...

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Is Health Insurance Market All Set To Experience A Massive Growth by 2027?

Is Health Insurance Market All Set To Experience A Massive Growth by 2027?

Source: Robert Kneschke, Shutterstock Over the years, health insurance sector has grown by leaps and bounds, with numerous insurance companies foraying into the scene. Importance Of Health Insurance Sector With the emergence of new lifestyle ...

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What's Going On With These 5 NZX Financial Stocks - HGH, GEN, MLN, BGI, GFL?

What's Going On With These 5 NZX Financial Stocks - HGH, GEN, MLN, BGI, GFL?

Source: Portrait Image Asia, Shutterstock Financial services sector is the backbone of every economy. It is the chief driver, which plays an instrumental role in the country’s economic growth and development. This sector comprises of a variety...

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One Financial Services Stock for Long-Term Growth Prospects

One Financial Services Stock for Long-Term Growth Prospects

Source: Amnaj Khetsamtip, Shutterstock The outbreak of COVID-19 impacted broader economy of New Zealand. The impact of coronavirus pandemic was felt in several sectors. However, this company from the financial sector is expected to perform well movi...

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One Stock From Banking Space With Decent Growth Prospects

One Stock From Banking Space With Decent Growth Prospects

Source: TheCorgi, Shutterstock As the market trackers are aware, the equity markets witnessed a negative impact after the outbreak of COVID-19. Notably, lockdowns were imposed so that the spread of this deadly virus can be minimized. However, there ...

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ASB Raises Interest Rate Amid COVID-19 Uncertainties

ASB Raises Interest Rate Amid COVID-19 Uncertainties

Source: Freedomz, Shutterstock Established in 1847 in New Zealand, as Auckland Savings Bank, commonly known as ASB, is a subsidiary of Commonwealth Bank of Australia (ASX:CBA). ASB is a provider of financial services like funds management, retail, b...

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Would Fintech Companies Oil The Wheels Of NZ Economy In 2021?

Would Fintech Companies Oil The Wheels Of NZ Economy In 2021?

New Zealand has typically punched above its weight in the world of fintech. Kiwis were the first to have electronic transaction terminals in stores back in 1984. NZ companies such as Paymark, Smartpay Holdings (NZX:SPY), Pushpay Holdings (NZX:PPH)...

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