NATIONAL BANK
NET PROFIT £328,621. Australian, and N.Z Cable Association LONDON, June 23. The directors of the National Bank of New Zealand declare, after paying £15,000 as a bonus to the staff, a net profit of £328,621, and to pay a dividend of 32 per cent, and a oonus of 2 per cent., free of income tax; also to write off premises, £30,000; to place to reserve £10,000; supplement the pension fund bv £6500; and to carry forward £l42jl£l. The annual meeting of the bank will be held on July 7th, in London.
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Bibliographic details
New Zealand Times, Volume XLIX, Issue 11246, 26 June 1922, Page 7
Word Count
93NATIONAL BANK New Zealand Times, Volume XLIX, Issue 11246, 26 June 1922, Page 7
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