ANZ insists its mortgage business is profitable – as profit growth wanes
ANZ Bank's profit growth momentum is slowing significantly as its mortgage book surges.
Jenny Ruth Fri, 30 Oct 2015
New Zealand’s biggest bank insists its new mortgage business is profitable even as that surges but its momentum in profit growth wanes.
ANZ Bank’s net profit rose just 4% to $1.77 billion in the year ended September, down from the 5% growth in the nine months ended June and the 25% growth in the
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).