TMM - News

BNZ grows advisers flows but keeps them low

Friday 4th of May 2018

In its results to March 31 BNZ reported that 13% of its home lending book has come from mortgage advisers. In the past six-month period around 19% of the mortgage flow came from this channel.

BNZ chief financial officer Peter MacGillivray said the bank is “relatively comfortable” having around 20 to 25% of its flow coming from advisers.

This is significantly less then ANZ, wh...

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