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General Business
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Profits up at ASB as CEO commits to ‘listening and learning’

Bank boosts market share in business and rural lending

Wed, 06 Feb 2019

ASB Bank has reported net profit up 6% for the six months to December as its loans grew, particularly to the agriculture sector.

Net profit was $630 million for the period, up from $593m for the half year to December 2017.

Although the result was solid, the 6% growth figure was below the 13%

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Profits up at ASB as CEO commits to ‘listening and learning’
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