'Degree of optimism' in finance company sector despite increasing competition from banks, KPMG says

 By Gareth Vaughan

At least a couple of non-bank financial service providers are looking to enter the low equity home loan market, where banks now face Reserve Bank imposed lending restrictions, according to KPMG's acting head of financial services John Kensington.

"We are aware of a couple who are looking at how to do it, the best model for them and the best approach," Kensington told interest.co.nz.

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