ANZ National Bank increase market share
ANZ National Bank has reported a sharply higher third quarter net profit and increased its market share of the mortgage market marginally for a second consecutive quarter.
Thursday, September 21st 2006, 6:36AM
by Jenny Ruth
The bank’s net interest income was up 16.8% to $549 million in the quarter while operating expenses fell 2% to $324 million.
Its mortgage book grew $1.33 billion, or 3.2%, to $42.4 billion. Using the Reserve Bank’s figures as a proxy for the market, ANZ National now has 34.72% of mortgages held by registered banks, up from 34.68% at the end of March and 34.49% at the end of December.
| « HSBC exits broker market | Pero ends its brief NZX listing » |
Special Offers
Commenting is closed
|
|
Printable version |
|
Email to a friend |
