Mortgage News

Working out Westpac's home loan book

Thursday 3rd of March 2011

The bank's general disclosure statement (GDS) for the quarter for its New Zealand branch, which includes the operations of its New Zealand subsidiary, shows, using the same capital adequacy-based measure GoodReturns has been using since December 2002, its mortgage book grew by $70 million to $34.18 billion in the three months.

As Good Returns has already reported, the same measu...

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