
Mortgage News
Market share slips for two banks
Tuesday 29th of August 2006
Westpac’s net profit fell 6% to $154 million for the quarter and profit for the nine months ended June was down 4.5% to $487 million, but the bank says this reflects its adoption of the new international financial reporting standards and the unwinding of structured finance transactions from last year. The underlying result for the nine months was actually up 12%, it says.
Westpac’s net inter...
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.
2 min read
4 min read
Latest News
3 min read
2 min read
3 min read
2 min read
2 min read
2 min read
Latest Comments