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Harmoney expects 30% loan growth but eye on ‘cumbersome’ lending rule changes

Auckland-based lender forecasts profitability in 2022.

Harmoney has significantly increased its forecast loan book for 2022 and expects to be profitable this year, with its Australian business set to overtake New Zealand lending over the same timeframe.

And while chief executive David Stevens said it continues to monitor “cumbersome” tighter

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Hamish McNicol Mon, 28 Feb 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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Harmoney expects 30% loan growth but eye on ‘cumbersome’ lending rule changes
Investment,
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