NATIONAL BANK'S YEAR.
r*—: —- ' Cable advice has been received .by the General Manager of the National Bank of New Zealand, Ltd., that the net profit for the year ended 31st March last, after providing for bad and doubtful debts, and after paying a bonus to the stalf absorbing .£15,000, amounted to .£312,274, which, with the £173,044 brought forward from the previous year, leaves available for distribution £485,318, which it .is proposed to allocate as follows:—In payment of a dividend at the rate, of 12 per. cent, and bonnsof 2 per cent, per annum, £2S0,000; to premises account, £20,000; to pension fund, £0549j balance to be carried forward. £175,760. . The dividend and bonus are at the same rate as last year.
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https://paperspast.natlib.govt.nz/newspapers/EP19270620.2.127
Bibliographic details
Evening Post, Volume CXIII, Issue 142, 20 June 1927, Page 11
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120NATIONAL BANK'S YEAR. Evening Post, Volume CXIII, Issue 142, 20 June 1927, Page 11
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