
Mortgage News
Kiwibank continues break neck growth
Thursday 20th of August 2009
The bank's mortgage book grew by $792 million to $7.79 billion in the three months ended June 30, its latest general disclosure statement shows.
Using Reserve Bank figures as a proxy for all lending on mortgages by registered banks, that means Kiwibank accounted for a staggering 44.8% of the $1.77 billion of new lending in the quarter.
And yet, again using Reserve Bank figures, Ki...
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