BNZ mortgage market share slips
Bank of New Zealand grew its mortgage book strongly in the June quarter but still lost a smidgeon of its share of the mortgage market and its profit for the quarter was flat.
Wednesday, August 29th 2007, 6:53AM
by Jenny Ruth
BNZ's mortgage book grew by $675 million to $22.51 billion during the three months although its market share slipped from 16.2% to 16.15%, using Reserve Bank figures as a proxy for the market.
BNZ's mortgage market share has slipped from 16.41% in June last year.
| « Lenders pitch for borrowers' business | Three banks increase mortgage stakes » |
Special Offers
Commenting is closed
|
|
Printable version |
|
Email to a friend |
