NZ Home Loans cracks $1 bill mark
Sunday, July 14th 2013, 9:30PM
NZ Home Loans wrote more than $1 billion in new lending in the last financial year. The Kiwibank-owned business has 16,800 clients and a $4 billion book.
CEO Mark Collins said much of the growth had been in Auckland and Christchurch but it was building its market share in the provinces. The number of branches has risen from 46 to 64 in the past two years.
Per-franchise revenue is up 18% over the past year.
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