TMM - News

BNZ adds to banking profits

Wednesday 9th of November 2022

It says its statutory net profit for the year to September has increased by $92 million, or 7%, to $1.4 billion.

Chief executive Dan Huggins attributes this increase to a growth in housing and business lending.

Huggins cited a $2.5 billion rise in business lending for the boom, along with increased lending to farmers.

But he warned it would not all be easy for the bank&#...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.