New Zealand News
New Zealand banks register rise in profits
Wellington, April 24 (IANS) New Zealand's registered banks reported combined profits of 3.3 billion NZ dollars ($2.68 billion) last year, despite the fact that borrowing continued to be slow, according to a survey out Tuesday.
The KPMG Financial Institutions Performance Survey (FIPS), which analyses the performance of New Zealand's registered banks, showed combined net profits after tax were the
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