Mortgage News

Kiwibank grows share of home loan pie

Thursday 16th of February 2006
Kiwibank is the first of the home lending banks to release its general disclosure document for the December quarter and it shows that the bank's mortgage book grew $276 million from the end of September to $2.09 billion. That was $859 million more than at the end of 2004.

Using Reserve Bank figures as a proxy for the mortgage market, that puts Kiwibank's market share at 1.8%, up from 1.6% at...

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