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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
4 mins to read

Analysts downgrade ANZ forecasts after bad debt warnings ahead

ANZ New Zealand chief executive David Hisco warns of incoming headwinds.

Calida Smylie
Thu, 18 Feb 2016

Analysts have downgraded earnings estimates for ANZ Bank [NZX:ANZ] after the bank warned there would be more bad debts in the next quarter due to Asian credit quality issues.

While releasing first quarter results yesterday, ANZ New Zealand chief executive David Hisco warned that increasing

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Calida Smylie
Thu, 18 Feb 2016
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Analysts downgrade ANZ forecasts after bad debt warnings ahead
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