Mortgage News

NAB says BNZ home loans book grew $500m in first half

Wednesday 29th of April 2009

The figures aren’t the same as presented in the capital adequacy part of BNZ’s quarterly disclosure statements – the March statement won’t be published until June but the December statement showed BNZ’s on-balance sheet mortgages at $24.22 billion, down from $24.24 billion at September 30.

In its presentation slides, NAB said BNZ’s average mortgage size is $222,000 and its average loan-t...

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