Business
Westpac NZ quarterly profit boosted by sale of Visa shares and lower loan impairments
26th Aug 14, 7:34am
by
By Gareth Vaughan
Westpac NZ has posted a strong rise in third quarter profit helped by the sale of Visa shares and lower loan impairments. The bank held its net interest margin after growing its home loan book by a greater percentage than either ANZ NZ or ASB.
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