BANK OF NEW ZEALAND.
Although the figures of the financial year of the Bank of New Zealand have not boen published, ib id understood tho institution has had a most successful year. The amount of tho Bank's profits has been growing each year, and it is alleged that the present year's surplus will bo larger than ever, and constitute a record in tho Bank's history. A portion of the success is due to the realisation of certain of its inferior assets, which havo been turned into liquid form, and, consequently, havo become money-earning, but apart from this, tho volume of business has increased to such an extent as to justify tho unqualified congratulations of tho directorate.
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Bibliographic details
Lake County Press, Issue 2114, 19 April 1906, Page 5
Word Count
116BANK OF NEW ZEALAND. Lake County Press, Issue 2114, 19 April 1906, Page 5
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