Business
ANZ NZ grew lending across the board in the June quarter with residential mortgage lending increasing almost $1.7 billion
20th Aug 18, 2:54pm
by
*This article was published in our email for paying subscribers early on Wednesday morning. See here for more details and how to subscribe.
1 Comments
by
Nic Johnson
|
20th Aug 18, 3:56pm
ANZ are going to need to grow lending a lot faster than that in the quarters to come, particularly now that they have to rely on local borrowing to fill the void left by the removal of foreign buyers. If they don't, then the rest of their loan book could start to look decidedly shaky on an asset to loan basis.
We welcome your comments below. If you are not already registered, please register to comment.
Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.