SBS Bank says slow down in property market had been expected
SBS has boosted its property investment loans 34% to $715.8 million, while also lifting its exposure to Auckland.
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SBS Bank, the country's biggest building society, boosted annual profit 37% to $27.4 million as the licensed lender lifted its lending in Auckland and to residential property investors.
Net profit rose to $27.4 million in the 12 months ended March 31 from $20 million a year earlier, the
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Paul McBeth and Fiona Rotherham
Tue, 20 Jun 2017
Tue, 20 Jun 2017
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SBS Bank says slow down in property market had been expected
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