‘Solid’: ANZ lifts half-year profit, interest margin narrows
But CEO Antonia Watson warns the number of customers falling behind on their mortgage repayments is rising.
WATCH: ANZ Bank NZ chief executive Antonia Watson speaks with Jonathan Mitchell.
Jonathan Mitchell and Dan Purves
Wed, 08 May 2024
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
ANZ’s half-year profit has risen, with a lower interest margin and credit impairment charge.
The country’s largest bank yesterday reported net profit rose 4% to nearly $1.04 billion in the six months ended March 31, compared with $1b the previous year.
Revenue rose 1% to $2.52b, while the net
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Jonathan Mitchell and Dan Purves
Wed, 08 May 2024
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
