New Zealand Interest Rates

The New Zealand economy with a population of 4.4 Million (Est 2010) ranks 60th in the world with a GDP PPP of 115 billion and GDP PPP per capita of 26,670 vs 45,934 (United States) according to the IMF in 2009. Its currency the New Zealand Dollar (NZD) is one of the most traded currency in the world (10th-12th). Bank deposits held for a fixed term in New Zealand are called term deposits. According to its inflation was 4% in 2008 and 2.1% in 2009.

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New Zealand Bank Photos

NZ Banks and Providers

Showing rates for 12 Bank 1 P2P deposit providers in New Zealand.
ANZ New ZealandANZ New Zealand2621835Local
Westpac New ZealandWestpac New Zealand2001861Foreign
Rabobank New ZealandRabobank New Zealand321994Foreign
TSB BankTSB Bank141850Local
Heartland BankHeartland Bank91875Local
HSBC New ZealandHSBC New Zealand4Foreign
Bank of Baroda New ZealandBank Of Baroda New Zealand32009Foreign
Bank of India NZBank Of India NZ22011Foreign

New Zealand Discussion Activity

  • Westpac New Zealand - Deposits
    Q: with the income being very important, from interest earned by my mothers investments, do you see interest rates lifting in the next 6-12 months

    jenny from New Zealand
  • Heartland Bank - Deposits - Heartland Bank 3 Month Term Deposit Rate
    Q: I am Egyptian, and now I live and work in Malaysia and I want to invest the amount in US dollars for a period of 3 months What are the steps for it.

    Ashraf from Kajang, Malaysia
  • Citibank New Zealand
    Q: I am currently working in the UK but do a monthly transfer to my NZ bank, however my n=bank has advised me that if I use cicy bank for the transfer it is cheaper.How do I ensure that when my money reaches NZ it is transferred to my account by citibankRegardsAnn Carey

    ann carey from Dagenham, United Kingdom