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Co-op Bank of New Zealand replaces core system to chase growth

New Zealand’s Co-operative Bank is replacing its core banking system in a “major investment” as it…

Fonterra opens first electrode boiler in bid to cut climate emissions

The New Zealand dairy co-op plans to invest $70m in two new electrode boilers as part…

New Zealand’s Co-op Bank tops consumer satisfaction survey

The customer-owned bank has been voted No.1 by customers in the Consumer People’s Choice Award for…

Fonterra reports NZ$729m profit after tax in interim results

CEO MIles Hurrell confirmed the co-op’s plan to continue to invest in future-proofing operations and its…

Fonterra continues plans to sell its global consumer business

The dairy co-op has also announced new incentives for farmers to reduce emissions, and given a…

New Zealand co-operators pay tribute to ‘trailblazer’ Brian Cameron

As first chair of apex Cooperative Business NZ, Cameron helped steer crucial legislation for the national…

New Zealand’s co-op sector hands out its annual awards

Co-op/mutual of the year went to farmer-owned insurer FMG, honouring its disaster support and community initiatives

Fonterra to press on with sale of consumer business including Anchor brand

The co-op has also made changes to its management team to help drive its new strategy

Fonterra dairy co-op reports NZ$1.16bn profit for 2024

The dairy co-op also announced a total dividend of 55 cents per share

New Zealand’s Co-op Bank grows annual profit to more than $20m

'We have seen strong growth in home loan customers, and we are proud to have helped…

New strategic direction for New Zealand dairy co-op Fonterra

'We believe we can grow further value for the co-op by focusing on being a business-to-business…

Fonterra to merge New Zealand and Australian businesses

The new business will be known as Fonterra Oceania