TMM - News

BNZ slowly lifts mortgage broker business

Thursday 4th of May 2023

That compares with 28.4% in September 2021.

BNZ is still considerably behind the other major banks – ANZ Bank New Zealand, for example originates more than half its mortgages through brokers.

BNZ’s mortgage book grew 3.5%. or by $1.9 billion, to $56.4 billion at March 31 from a year earlier with $1.6 billion of that growth coming in the six months since September.

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