SBS Bank lifts first-half net profit 49%
Natural hedge provided by SBS Bank's finance company, clean mortgage book and marketing success helps strong growth.
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SBS Bank lifted first-half net profit 49% as charges against profit for bad loans fell 21% and after strong growth in net interest income.
The bank says the growth was driven in a highly competitive market against the entire SBS Group including residential lending, Finance Now consumer finance
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Jenny Ruth
Mon, 28 Nov 2016
Mon, 28 Nov 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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SBS Bank lifts first-half net profit 49%
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