BNZ not ready to call victory for dairy
Bank of New Zealand's loans to dairy farmers chalked up an $823 million deterioration in impairments in the year ended September.
Bank of New Zealand isn’t ready to call victory for the dairy sector just yet, despite the improving outlook.
On Thursday, the bank reported a 12% drop to $913 million in net profit for the year ended September, largely because of a 67% drop in gains on financial instruments as the New Zealand
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
NZ$399.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Fri, 28 Oct 2016
Fri, 28 Oct 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
BNZ not ready to call victory for dairy
62705