sign up log in
Want to go ad-free? Find out how, here.

HSBC NZ posts strong rise in September quarter profit and grows home loans

Property
HSBC NZ posts strong rise in September quarter profit and grows home loans

By Gareth Vaughan

HSBC New Zealand posted a 31% increase in September quarter unaudited profit, bolstered both by rising trading income and higher fee and commission income.

The bank also grew its residential mortgage book.

This is an abridged version of this article. The full version was published in our email for paid subscribers. See here for more details and to subscribe.

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.