Mortgage News
Westpac, TSB's mortgage market shares drop slightly
Wednesday 5th of March 2008
Westpac reported a net profit of $119 million for the three months. That compared with $79 million in the two months from when the bank was incorporated in November 2006.Westpac's lending secured by residential mortgages grew $658 million to $29.65 billion during the quarter, but, using Reserve Bank figures for registered banks as a proxy for the market, its market share slipped from 20.3%...
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