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BANK OF NEW ZEALAND.

HALF-YEARLY MEETING. ] Press Association.—Electrics Tele<rraph.—Copyright London, February 10. At the half-yearly meeting of the Bank of New Zealand, the Hon. Mr. Glynn, chairman, said the deposits had increased and credit was improving, The Bank had not been affected by the failures in Australia. Later. , It was stated at the Bank of New Zealand meeting that £20,000 wax expected to be carried over to next year. The Chairman said the new taxation in New Zealand did not affect the Bank, though it would considerably affect the Estates Company. The Bank was reducing advances in Australia, believing it to be a risk in the present state of affairs there.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH18920212.2.36

Bibliographic details

New Zealand Herald, Volume XXIX, Issue 8799, 12 February 1892, Page 5

Word Count
111

BANK OF NEW ZEALAND. New Zealand Herald, Volume XXIX, Issue 8799, 12 February 1892, Page 5

BANK OF NEW ZEALAND. New Zealand Herald, Volume XXIX, Issue 8799, 12 February 1892, Page 5

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