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.
Kiwibank CEO Paul Brock talks about his company's result on NBR Radio and on demand on MyNBR Radio.
Jenny Ruth Fri, 28 Aug 2015
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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