ANZ Bank loses market share in mortgages, dairy lending
ANZ denies its appetite for lending has diminished.
Jenny Ruth
Fri, 27 Oct 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
ANZ Bank lost market share in both the mortgage and agricultural lending markets but still managed to lift its annual net profit 15% by cutting costs.
The nation’s largest bank, which is owned by Australia’s third largest bank of the same name, grew total lending by 4% but cut costs at double
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Jenny Ruth
Fri, 27 Oct 2017
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.