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BNZ, New Zealand's biggest bank, reports mixed profits but sees growth in lending and new customers.
BNZ, New Zealand's largest bank, saw a 4.8% drop in underlying profit but a 4.3% rise in statutory net profit to $795 million amid a tough economic climate.
Home lending rose by 5.6%, and over 50,000 New Zealanders switched to BNZ.
The bank launched Payap, a digital wallet app, gaining over 10,000 business customers.
Despite trade tensions, BNZ remains optimistic about New Zealand's economic recovery.
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BNZ, el banco más grande de Nueva Zelanda, informa de ganancias mixtas, pero ve un crecimiento en los préstamos y nuevos clientes.