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Kiwibank sees lending rise: KPMG

Wednesday 23rd of September 2020
The state-backed bank also saw a 1.5% increase in loans in the June quarter, in contrast to most of its rivals, which saw a small decline in lending.
ASB recorded a slight increase of 0.09% in the three months, but the other main banks, including ANZ, BNZ, Heartland, SBS, TSB, The Co-operative, and Westpac, all saw lending fall.
The figures will provide encouragement to Kiwibank...
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