Mortgage News

ANZ's bottom line drops, but interest income up

Wednesday 24th of June 2009

The new branch was registered on January 5 to get around lending restrictions imposed by the Australian regulator, Australian Prudential Regulation Authority.

Its general disclosure statement (GDS) shows the main reasons for the drop was its $288 million in charges against profit for credit impairment, up from $93 million in the same period a year earlier, as well as its $166 million est...

Want to read the full article?
Click the button below to subscribe and will have unlimited access to full article and all other articles on the site.