‘Steady as she goes’: ANZ first half net profit up
The country’s largest Aussie-owned bank says businesses are cautious but the dairy sector is a bright spot.
The bank is cautiously optimistic about the economic recovery this year.
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The country’s largest bank has reported a higher net profit because of economic hedging benefits, while its underlying result reinforced a “steady as she goes” banking operation.
ANZ New Zealand’s net profit was up 23% to $1.27 billion in the six months ended March 31, compared with the same
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