Mortgage News

SBS mortgage book swells

Wednesday 2nd of March 2011

 

 

SBS's profit also jumped, reflecting lower charges for bad loans and strong net interest income.

Finance general manager Tim Loan says the bank's deposit base saw strong growth as the bank attracted deposits from former South Canterbury Finance customers.

SBS's December quarter general disclosure statement (GDS) shows its mortgage book grew $109.3 milli...

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