Feb 20 (Reuters) - Australia and New Zealand Banking Group Ltd ANZ.AX :
* TOTAL PROVISION CHARGE OF $116 MILLION FOR 1Q20 WAS $40 MILLION LOWER THAN FOR SAME QUARTER FY19
* MAINTAINING WATCHING BRIEF ON SHORT-MEDIUM TERM ECONOMIC IMPACT FROM BUSHFIRE ACTIVITY, RECENT FLOODING & EMERGING IMPACTS FROM COVID-19 VIRUS
* IN DEC QUARTER, AUSTRALIAN HOUSING 90+ DELINQUENCY LEVELS HAVE DECLINED FROM 4Q19
* IN DEC QUARTER, AUSTRALIAN HOME LOAN BALANCE SHEET STABILISED; SEES HIGHER LEVELS OF AMORTISATION ARISING FROM LOW INTEREST RATE ENVIRONMENT