Mortgage News

BNZ mortgage market shares steady in Dec quarter

Tuesday 26th of February 2008
The bank's latest quarterly disclosure statement (GDS) shows that net profit fell 8.1% to $171 million for the three months ended December 2007. That was largely because gains on financial instruments such as foreign exchange and interest rate derivatives fell to $28 million compared with $63 million in the December quarter of 2006.

The GDS, the first of the banks' to be published this quar...

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