ANZ reduces its exposure to the dairy industry
ANZ says its lending to the dairy sector has fallen from $13.1 billion in 2010 to $11.3 billion by March this year, taking it down from 14% of the loan portfolio to 10%.
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Hawke’s Bay
ANZ Bank’s New Zealand arm has reduced its exposure to the dairy industry in the past five years and is emphasising its balanced exposure to the Auckland housing market.
In a presentation to investors on the New Zealand operations, ANZ says its lending to the dairy sector has fallen from $13.1
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Jenny Ruth
Thu, 04 Jun 2015
Thu, 04 Jun 2015
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ANZ reduces its exposure to the dairy industry
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