Mortgage News
ANZ's profit growth slowed, mortgage book shrank in June Qtr
Monday 22nd of August 2011
The ANZ New Zealand branch's disclosure statement, which includes all the bank's activities in this country, showed net profit rose 9.8% to $257 million for the three months ended June 30, down from the 18.5% growth to $735 million shown for the nine months ended June.
The slowdown reflected a slowing in net interest income growth of 1.9% to $649 million for the three months compared wit...
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