News

BNZ profit dips and margins fall

BNZ reported its annual profit yesterday - interestingly it chapioned that 59% of its mortgage book came through its bank distribution channel.

This is the overall make up of the book.

What was not disclosed (and we have asked for) is the flow numbers. That is how much business came from advisers v branches in the financial year.

[FOR MORE DETAILS READ ON HERE]

Most Read

Get TMM delivered to your inbox each week

Sign Up