ANZ Bank’s profit, margins slide as bad debt charges rise
ANZ Bank says its core retail and commercial banking businesses are doing fine. With special feature audio.
Hot Topic
Hawke’s Bay
Contributing to ANZ Bank’s 13% fall in first-half net profit was the 15-point slide in its profit margins, a rise in charges for bad debts and a one-off accounting change.
New Zealand’s largest bank’s profit for the six months ended March fell to $763 million, $114 million lower than in the
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Jenny Ruth
Wed, 04 May 2016
Wed, 04 May 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
ANZ Bank’s profit, margins slide as bad debt charges rise
57849