Kiwi Bank
The bank's net interest margin, the difference between income generated from credit products like loans, and payments made to deposit savers and others the bank borrows from, surged to 2.42% from 2.04% year-on-year. This comes after ASB last week reported a 33 basis points rise in its interim net interest margin to 2.52%.
What will be of interest in HGH's result will be their NIM.
Always the highest of the banks.
We have seen it reduce as they have been lending on lower margin business,so will it rise again.,and if so by how much?