ANZ raises profit while losing market share
ANZ focuses on cutting costs.
ANZ Bank’s New Zealand arm is losing market share in both the dairy and housing markets but net profit has rebounded to a double-digit increase.
Net profit for the six months ended March rose 14% to $869 million, rebounding from the previous year’s 13% decline.
ANZ’s share of dairy lending
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Jenny Ruth
Wed, 03 May 2017
Wed, 03 May 2017
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ANZ raises profit while losing market share
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