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NATIONAL BANK OF NEW ZEALAND

STATEMENT OF ACCOUNTS. LONDON, July 8. The statement of accounts of the National Bank of New Zealand shows a profit of £195,754. The directors have written £20,000 off premises account, and placed £BOOO to the investment depreciation reserve. A bonus to the staff abcorbs £BSOO. The directors recommend a dividend of 12 per cent, and a 1 per cent, bonus, also the addition of £15,000 to the general reserve, and of £4OOO to the pension fund, carrying forward a sum of £42,754 to next half-year.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19170711.2.30

Bibliographic details

Southland Times, Issue 17707, 11 July 1917, Page 5

Word Count
90

NATIONAL BANK OF NEW ZEALAND Southland Times, Issue 17707, 11 July 1917, Page 5

NATIONAL BANK OF NEW ZEALAND Southland Times, Issue 17707, 11 July 1917, Page 5

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