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BNZ loses mortgage market share but profit grows strongly

The company net profit jumped 44% to $295 million in the three months ended June.

Jenny Ruth
Fri, 21 Aug 2015

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
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BNZ loses mortgage market share but profit grows strongly
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