Newsroom Pro

Bank lending on mortgages and to farmers to grow

 Fitch Solutions says New Zealand bank lending growth should pick up this year to 5.2 percent from 4.7 percent in 2018 and then grow by 5.2 percent in 2020.

That will reflect the Reserve Bank's "plans to unwind mortgage lending restrictions and rising agricultural loan growth. Additionally, New Zealand’s banks remain financially sound and posses

TO READ THE FULL STORY ON NEWSROOM PRO

SUBSCRIBE TO PRO

Subscribe now to start a free trial of Newsroom Pro for 28 days.

View our subscription options

Comments

Newsroom does not allow comments directly on this website. We invite all readers who wish to discuss a story or leave a comment to visit us on Twitter or Facebook. We also welcome your news tips and feedback via email: contact@newsroom.co.nz. Thank you.

PARTNERS