Smaller banks punch above their weight in mortgage lending
TSB's expenses jump as it prepares for growth.
The smaller locally-owned banks, particularly TSB and SBS banks, have been punching above their weight in the mortgage market over the past year.
But in TSB’s case, its growth appears to be coming at the expense of profitability, at least for now.
Overall, the four smaller home lending banks’
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Jenny Ruth
Mon, 26 Jun 2017
Mon, 26 Jun 2017
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Smaller banks punch above their weight in mortgage lending
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