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News 2026-07-06 03:44 UTC

New Zealand's Total New Lending Rises in May

() -- New Zealand's total new lending increased to NZ$16.19 billion in May from NZ$14.17 billion in April, according to data from the Reserve Bank of New Zealand released on Monday. New lending fully secured by residential mortgage rose to NZ$8.48 billion in May from NZ$8.3 billion in the previous month. Personal consu