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Australia's ANZ 3rd qtr profit up 5 pct on half-year average

Published 15/08/2017, 08:12 am
© Reuters.  Australia's ANZ 3rd qtr profit up 5 pct on half-year average
ANZ
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Aug 15 (Reuters) - Australia and New Zealand Banking Group ANZ.AX on Tuesday said its third quarter cash profit rose 5.3 percent to A$1.79 billion ($1.40 billion) compared to the average of the previous two quarters, on lower bad debt charges and customer deposit growth.

Australia's no. 4 lender added that revenue fell 0.3 percent in the quarter compared to the first two quarters, in a limited trading update.

($1 = 1.2740 Australian dollars)

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