Correction: IMB Ltd
An article published in the September 12 edition of Banking Day, "IMB struggles in a difficult market", contained two errors. Due to a typographical error, the article said IMB's loan portfolio fell from $3.78 billion in 2012 to $2.72 billion at the end of June, when it should have said $3.72 billion at the end of June. It also referred to IMB writing $566 million of new loans during 2012/13, when it should have said $566 million of new residential loans. A corrected version of the story appears on the Banking Day website.