NATIONAL BANK OF N.Z., LTD.
NET PROFIT, £890,532. WELLINGTON, June 2-1. Cabled advii-e has been received by the general manager of the National Bank of New Zealand, Ltd., that In-e net profit for the year ended March .31, after providing for bad and doubtful debts and after paying a bonus to the stall', amounted to £293,582, which with lhe £165,572 brought forward from the previous year, leaves available for distribution £456,151. This it is proposed to allocate as follows : In payment of a dividend ate the rate of 12 per cent and a bonus of 2 per cent per annum £280,000 To premises account £1.0,000 Po pension fond £l.OlO Balance carried fonvaid £155,154 The dividend ami (bonus are at the same rate as last year.
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Hokitika Guardian, 26 June 1929, Page 3
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125NATIONAL BANK OF N.Z., LTD. Hokitika Guardian, 26 June 1929, Page 3
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