Amadeusz Juskowiak

Nz trading bank deposit growth rises slightly

New Zealands trading bank seasonally adjusted deposit growth rose 26 pct in January compared with a rise of 94 pct in December the Reserve Bank said

Yearonyear total deposits rose 306 pct compared with a 263 pct increase in the December year and 345 pct rise a year ago period it said in its weekly statistical release

Total deposits rose to 1718 billion NZ Dlrs in January compared with 1674 billion in December and 1316 billion in January 1986

Reuter