$9.1 billion invested in debentures
New Zealanders now have more than $9.1 billion invested in finance company debentures, according to interest.co.nz.
Monday, July 4th 2005, 8:03AM
by The Landlord
That is an increase of 19 per cent, or $1.4 billion, year-on-year.
More than 60 finance companies now offer deposit products.
The big five - UDC, Marac, South Canterbury Finance, Elders Finance and Bridgecorp - account for 52 per cent of the market.
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