NBS $577M profit last year was highest to date

The New Building Society (NBS) last year notched up a profit of $577 million, the highest in the institution’s history.

Chairman of the New Building Society (NBS) Nanda Gopaul, in his annual report, said that “despite major tax concessions given to the other financial institutions similar to that of the society we were able to hold our own”, noting that the profit recorded last