BNZ loses mortgage market share but profit grows strongly
The company net profit jumped 44% to $295 million in the three months ended June.
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Bank of New Zealand continues to lose market share in the mortgage business but its profits are growing strongly.
Its latest disclosure statement shows net profit jumped 44% to $295 million in the three months ended June, taking profit for the nine months to $797 million, up 33.3% on the same nine
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Jenny Ruth
Fri, 21 Aug 2015
Fri, 21 Aug 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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BNZ loses mortgage market share but profit grows strongly
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