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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
3 mins to read

BNZ reports 80% profit boost as bad debt provisioning plummets

Bank joins its competitors in announcing a much improved first half.

Maria Slade Thu, 06 May 2021

The Bank of New Zealand has followed other major banks in reporting a much improved first half result, thanks to the economy bouncing back better than expected from the Covid-19 crisis.

BNZ made a statutory net profit of $660 million in the six months to March 31, up 80% on the same time last

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BNZ reports 80% profit boost as bad debt provisioning plummets
General Business,
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