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Home Improvement Loans News

Home Loans Pay Off For Advance

30 January 1991

Aggressive home lending helped Advance Bank Australia overcome a steep rise in problem loans to lift net profit 28 per cent to $18.2 million in the November half. A fully franked interim dividend rises 2c to 13c. The profit increase, however, is exaggerated due to a change in the ba.. read full story

Home Loans,margins Lift Earnings For Advance

30 January 1991

Advance Bank lifted restated earnings 28 per cent to $18.2 million in the six months to 30 November. It was boosted by strong demand for home loans and a widening of margins. The improvement came despite a blowout in doubtful debts and written-off loans, which increased from $4.4 million to $17.6.. read full story

- January 1991

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