National Mortgage & Agency Co of New Zealand Ltd

Sectors:

  • Financial services Land finance & investment

Notes:

Traced origins to 1877 when incorporated in London. Free standing company established to provide finance for land settlers. 1878 acquired Russell Ritchie & Co of Dunedin and Timaru and its sister business, Russell Le Creu & Co of London, both with substantial trading interests with New Zealand. Formed to advance money secured by mortgage on land, to deal in land, to advance monies secured on cargoes, especially wool, consigned to it for sale in London, to receive deposits, etc. In 1964 still headquartered in London. 1972 merged with Wright Stephenson & Co to form Challenge Corp Ltd

Groups: