SBS Bank’s push into the Auckland market, with the use of mortgage advisers, is starting to pay off.
The Invercargill-based bank has reported its pre-tax profit is up 41% to $20.9 million for the nine months to December 31.
SBS’s new chief executive Wayne Evans said the positive lending growth, underpinned by $66.3 million in the December quarter, was as a result of the bank’s increased presence in the North Island, particularly Auckland, competitive pricing and additional marketing activity...MORE»
Friday, February 27th, 6:00AM
There’s a claim mortgage advisers of the future will have to be much more confident about insurance products as well as home loans.MORE»
Thursday, February 26th, 3:05PM
here are claims lower interest rates are driving banks give buyers bigger mortgages than their income would previously have allowed.MORE»
Kiwibank is seeing strong levels of first-home buyer activity despite restrictions limiting lending to borrowers with small deposits, its chief executive says.MORE»
Kiwi mortgage interest rates reached a new low today as several major banks slashed their offerings.MORE»
ASB has reported a “good solid” half-year profit, based on strong underlying growth across the bank’s operating divisions.MORE»
New 10-year fixed rates are being hailed as good news for property investors.MORE»
TSB Bank has taken a new position in the home loan market which is not just based on price.MORE»