The Bank of New Zealand's profitability dropped by 23% due to increased technology replacement costs and higher energy expenses affecting business loans.
Source: nzherald.co.nz
Re-published from the Centrist with permission
BNZ profit falls 23% to $1.16b as technology costs and bad debts rise
The Bank of New Zealand's profitability dropped by 23% due to increased technology replacement costs and higher energy expenses affecting business loans.
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