Kiwibank says a lot of mortgage business unprofitable in June quarter
Much of the surge in mortgage lending in the June quarter was unprofitable, says Kiwibank chief executive Paul Brock.
Jenny Ruth
Fri, 28 Aug 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Much of the surge in mortgage lending in the June quarter was unprofitable, says Kiwibank chief executive Paul Brock.
“We’ve seen some really great deals from a consumer perspective but we’re choosing where we compete and when we compete,” Mr Brock says.
He was explaining the slowing growth of
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Jenny Ruth
Fri, 28 Aug 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
