NATIONAL BANK OF N.Z.
NET PROFIT, £312.274. USUAL DIVIDKXD DECLARED. ißv TclPirrai'h.—l'rt-ss Association.) WELLINGTON', this day. Cable advice has be«-n received by the general manager of the National Rank of New Zealand that the net profit for the year which ended on March 31 last, after providing for bad and doubtful debt* and after paying bonu* to the staff absorbing £15.01)0. amounted to £312,274. which, with t:l7-'?.044. brought forward from the previou- year. leaves available for distribution It is proposed to allocate the last-named amount a* follows:-—In the payment of a dividend at the rate of 12 per cent and a bonus of 2 per cent per annum. £250.000; to premise- account. £20.000: to pension fund. .tM'.VJO: balance to be carried forward. £7J.7rtO.
The dividend and bonus are at the s-ame rate as last vearV.
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https://paperspast.natlib.govt.nz/newspapers/AS19270620.2.126
Bibliographic details
Auckland Star, Volume LVIII, Issue 143, 20 June 1927, Page 10
Word Count
135
NATIONAL BANK OF N.Z.
Auckland Star, Volume LVIII, Issue 143, 20 June 1927, Page 10
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