
Mortgage News
BNZ books big profit on lending turnaround

Thursday 30th of October 2014
BNZ lifted cash earnings 2.4% to $807 million, compared to the previous year. The result was largely driven by improved revenue and bad and doubtful debt charges.
Average lending volumes increased by 4% from $60.6 billion to $63 billion compared to the prior year. The business lending portfolio experienced steady growth. Mortgage lending was 3.5% during the year.
Healy says lendin...
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