ANZ insists its mortgage business is profitable – as profit growth wanes
ANZ Bank's profit growth momentum is slowing significantly as its mortgage book surges.
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New Zealand’s biggest bank insists its new mortgage business is profitable even as that surges but its momentum in profit growth wanes.
ANZ Bank’s net profit rose just 4% to $1.77 billion in the year ended September, down from the 5% growth in the nine months ended June and the 25% growth in the
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Jenny Ruth
Fri, 30 Oct 2015
Fri, 30 Oct 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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ANZ insists its mortgage business is profitable – as profit growth wanes
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