SBS Bank lifts first-half net profit 49%
Natural hedge provided by SBS Bank's finance company, clean mortgage book and marketing success helps strong growth.
SBS Bank lifted first-half net profit 49% as charges against profit for bad loans fell 21% and after strong growth in net interest income.
The bank says the growth was driven in a highly competitive market against the entire SBS Group including residential lending, Finance Now consumer finance
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
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
Mon, 28 Nov 2016
Mon, 28 Nov 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
SBS Bank lifts first-half net profit 49%
63440