Feb 20 (Reuters) - Australia and New Zealand Banking Group Ltd ANZ.AX on Thursday posted its first quarterly growth in home loan volumes since mid-2018, aided by a major advertising campaign and additional investments.
The lender saw its home loan volumes grow by 0.5% in the first quarter of fiscal 2020, compared with a decline of 2.6% in the previous three months.
Australia's fourth-largest bank also said the number of loan defaults in its domestic mortgage portfolio was lower in the first quarter, compared with the final quarter of 2019.