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‘Solid’: ANZ lifts half-year profit, interest margin narrows

But CEO Antonia Watson warns the number of customers falling behind on their mortgage repayments is rising.

WATCH: ANZ Bank NZ chief executive Antonia Watson speaks with Jonathan Mitchell.

Jonathan Mitchell and Dan Purves Wed, 08 May 2024

ANZ’s half-year profit has risen, with a lower interest margin and credit impairment charge.

The country’s largest bank yesterday reported net profit rose 4% to nearly $1.04 billion in the six months ended March 31, compared with $1b the previous year.

Revenue rose 1% to $2.52b, while the net

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Jonathan Mitchell and Dan Purves Wed, 08 May 2024
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‘Solid’: ANZ lifts half-year profit, interest margin narrows
Investment,
103947
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