Bank of New Zealand.
(Per Pres* AMociation.) Wellington, Thursday. Although the figures for the financial year of the Bank of New Zealand have not been published, it is understood tjio institution had had a most successful year. The amounts of the bank’s profits have been growing each year, and it is alleged that the present year’s surplus. will be larger than ever, and constitutes a record in the bank’s history; A. portion of the success is due to the realisation of certain of its inferior assets, which had been turned into a liquid state, and have consequently been money earning, but apart from this the volume of business has increased to such an extent as to justify unqualified congratulations of the directorate.
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Bibliographic details
Gisborne Times, Volume XXII, Issue 1724, 14 April 1906, Page 3
Word Count
122Bank of New Zealand. Gisborne Times, Volume XXII, Issue 1724, 14 April 1906, Page 3
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