22 Jul 2011

BNZ selected to arrange $200 million loan

12:20 pm on 22 July 2011

The Bank of New Zealand has been selected to arrange a $200 million loan for Ngāi Tahu's investment arm.

BNZ has been Ngai Tahu's Holdings Corporation's bank since 2001.

The investment vehicle manages the commercial activities of the iwi and has over $700 million worth of assets.