ANZ Bank’s annual profit rises 12% as it scraps a UDC float
ANZ Bank continues to lose market share in mortgages, KiwiSaver and business lending.
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ANZ Bank says it has nixed plans to float UDC Finance and put any sale on ice at the same time as its New Zealand operations reported a 12% lift in annual net profit.
Net profit for the year ended September rose to just under $2 billion, although its preferred measure, cash profit, grew at a
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Jenny Ruth
Wed, 31 Oct 2018
Wed, 31 Oct 2018
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ANZ Bank’s annual profit rises 12% as it scraps a UDC float
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