close
MENU
Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
2 mins to read

SBS Bank says slow down in property market had been expected

SBS has boosted its property investment loans 34% to $715.8 million, while also lifting its exposure to Auckland.

Paul McBeth and Fiona Rotherham
Tue, 20 Jun 2017

SBS Bank, the country's biggest building society, boosted annual profit 37% to $27.4 million as the licensed lender lifted its lending in Auckland and to residential property investors.

Net profit rose to $27.4 million in the 12 months ended March 31 from $20 million a year earlier, the

Want to read more? It's easy.

Choose your best value subscription option

Student

Exclusive offer for uni students studying at a New Zealand university (valued at $499).
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 debit

Premium Group Membership 20 Users

NZ$600+GST / monthly

$30 per user - Pay by monthly credit card debit

Premium Group Membership 50 Users

NZ$1250+GST / monthly

$25 per user - Pay by monthly credit card debit

Premium Group Membership 100 Users

NZ$1875+GST / monthly

$18.75 per user - Pay by monthly credit card debit

Yearly Premium Online Subscription + NBR Marketplace

NZ$499.00 / yearly

Already have an account? Login
Paul McBeth and Fiona Rotherham
Tue, 20 Jun 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
SBS Bank says slow down in property market had been expected
67865
true