BNZ profits boosted to 550 million dollars for six months ending March 31
Strong growth in home and business lending has helped to boost BNZ profits to 550 million dollars for the six months ending March 31
2 May 2019
That's 12.2 per cent up on the same period last year.
CEO Angie Mentis, says during that six months, banks lent money to seven-and-a-half thousand property buyers.
Two and a half thousand are first-home buyers.
It also lent money to eight-thousand-800 small to medium businesses.
The Auckland market was down two per cent - but the rest of the country was up eight per cent.
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