B.N.Z. CAPITAL INCREASE.
ISSUE AT PAR TO SHAREHOLDERS. Its offer of a loan of £1,125,000 having been accepted by the Government, the Bank of New Zealand has circularised its shareholders informing them that the capital of the company will be increased by that amount on April 1 next. The shares will be distributed in the proportion of one to every four now held. The Bank's loan, it is stated, was offered to the Government to assist in financing farmers at present protected by the moratorium.
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https://paperspast.natlib.govt.nz/newspapers/AS19240920.2.26
Bibliographic details
Auckland Star, Volume LV, Issue 224, 20 September 1924, Page 6
Word Count
85B.N.Z. CAPITAL INCREASE. Auckland Star, Volume LV, Issue 224, 20 September 1924, Page 6
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