NZ Finance secures funding line
Commonwealth Bank provides NZ Finance with funding line to reduce reliance on debentures.
Tuesday, April 24th 2007, 7:47AM
"This new facility will assist the diversification of the group's liability funding and reduce the reliance on traditional debenture investors," NZ Finance says.
"This facility will assist with the continued growth of the group's products and services which it distributes through its growing internal mortgage broking business and external broker channels."
| « Hysteria over commission cuts | Reserve Bank raises OCR to 7.75% » |
Special Offers
Commenting is closed
|
|
Printable version |
|
Email to a friend |
