ANZ domestic first-half profit flat, cautions on Iran war
Bank's revenue was below expectations, and it flagged more losses from bad loans could lie ahead.
ANZ NZ chief executive Antonia Watson.
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ANZ New Zealand chief executive Antonia Watson has warned of a slowdown in the second half of this year on the back of geopolitical headwinds, with the bank preparing for a possible increase in losses from bad loans.
The country’s biggest bank today said its after-tax profit was down 1% to $1.26
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