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
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Jenny Ruth
Fri, 28 Oct 2016
Fri, 28 Oct 2016
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BNZ not ready to call victory for dairy
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