NATIONAL BANK OF N.Z.
A SUCCESSFUL YEAR. DIVIDEND OF 14 PER CENTV Cabled information was yWerday received by the general manager in New Zealand of the National Bank of New Zealand to the effect that at the annual meet of the shareholders of the bank a successful year was reported. ' _*lhe year's operations showed a profit of .£306,334; written off premises, £35,000; to reserve for depreciation ’of investments, *£75,000; pension fund £10»500; place to reserve, .£20,000. A dividend of 6 per cent, for the ho4f-year was declared, and a bonus of 2 per cent., making the dividend for the year 14 per oent, free of income tov. The amount carried forward was £115,894.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZTIM19210719.2.11
Bibliographic details
New Zealand Times, Volume XLVII, Issue 10956, 19 July 1921, Page 3
Word Count
113NATIONAL BANK OF N.Z. New Zealand Times, Volume XLVII, Issue 10956, 19 July 1921, Page 3
Using This Item
Stuff Ltd is the copyright owner for the New Zealand Times. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.