Arab Today, arab today banking profits up 136
Last Updated : GMT 22:49:43
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Arab Today, arab today

Banking profits up 13.6 %

Arab Today, arab today

Arab Today, arab today Banking profits up 13.6 %

Wellington - Arabstoday

New Zealand banking sector profits rose 13.6 percent in the year to September 2012, according to a survey by KPMG. Head of financial services John Kensington says it might sound like a lot, but it\'s not excessive. He says it\'s quite fortunate New Zealand\'s banks didn\'t indulge in the kinds of practises overseas that led directly to the financial crisis, and a strong banking sector is good for the country. 3news

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